Gary Smith is to leave his role as head of Gartmore's global equity portfolio to take the opportunity of running hedge funds at ABN Amro Asset Management.
Smith's departure is amicable, said the UK fund manager, and he is still working at Gartmore where the notice period is typically three months. A spokeswoman added: "We run a number of hedge funds but have no global hedge fund, which is the area he specialises in. The move makes sense for him personally."