Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Alliance Trust names new bond managers

Alliance Trust names new bond managers

Alliance Trust Investments has named two recent recruits as co-managers on its fixed income range.

Dan Daldry, who joined from Swip, has been appointed as co-manager for the Dynamic Bond and Monthly Income Bond funds. Kenny Watson, formerly of Ignis, has become co-manager of the Sustainable Corporate Bond fund.

Daldry will focus on financial credit analysis, and Watson will work specifically on credit and high yield.

‘The fund benefits from a strong team-based approach that allows individuals to focus on their specific areas of expertise within bond markets, including global government and credit,’ commented Dynamic Bond fund co-manager Stuart Steven.

The £59 million Dynamic Bond fund has returned 5.6% since its launch in September 2012, compared with an average of 7.5% from its IMA Targeted Absolute Return sector.

The £329 million Monthly Income Bond fund has returned 19% over the past three years versus its IMA Sterling Corporate Bond sector average of 18.7%, and the £269 million Sustainable Corporate Bond fund 21.3% over the same period.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: a Williams de Broe vet on striking out from Investec

Profile: a Williams de Broe vet on striking out from Investec

Laurence Boyle and his team became ‘somewhat of an oddity’ within Investec after joining via its acquisition of Williams de Broë

Wealth Manager on Twitter