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F&C team exit as DeAM managers move in

Robin Woodall, head of UK equities at F&C Asset Management, and his team of Derek Mitchell, Chris Rew and John Hayes, have left the company following the arrival of a team from Deutsche Asset Management.

The exits comes after Peter Lees, the former head of UK equities at DeAM, Phil Doel, who ran the successful Deutsche UK Opportunities Fund and team members Luke Newman, Makis Kaketsis and Michael Ulrich joined F&C last month.

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