BlackRock's European business is going through a significant overhaul as a result of the giant fund manager's global staff reorganisation, with several senior role changes and departures.

The most senior European move is Charles Prideaux, the fund manager's top client specialist in the region. According to the staff memo announcing the changes on January 12, he is moving across to the investment division as head of a new combined active investments department in Europe, the Middle East and Africa.