Peter Ehret, a senior portfolio manager and head of high-yield investments at Invesco, left the firm, confirmed Invesco spokesman Ivy McLemore.
Mr. Ehret was also lead portfolio manager for the $1.5 billion Invesco High Yield bond fund. Mr. McLemore declined to provide further details about Mr. Ehret's departure, citing company policy.
In an e-mail, Mr. McLemore said Darren S. Hughes and Scott Roberts, senior portfolio managers “with a combined 29 years of experience on (Invesco's) high-yield team” have been named co-heads of high yield at Invesco.
Messrs. Hughes and Roberts will continue to oversee the Invesco High Yield bond fund. Mr. Ehret's position on the portfolio management team won't be filled.
Mr. Ehret couldn't be reached for comment.