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.

Related Fund Managers

Daniel Daldry
Daniel Daldry
21/71 in Bonds - Sterling Corporate Bond (Performance over 1 year) Average Total Return: 0.95%
Kenny Watson
Kenny Watson
28/71 in Bonds - Sterling Corporate Bond (Performance over 1 year) Average Total Return: 0.74%
Stuart Steven
Stuart Steven
49/57 in Bonds - Sterling Corporate Bond (Performance over 3 years) Average Total Return: 9.78%
Citywire TV
Play Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Play Henderson's Hermon: how to be defensive in smaller caps

Henderson's Hermon: how to be defensive in smaller caps

Hermon, who manages the Henderson Smaller Companies trust, talks about he will tackle a 'challenging' 2016.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter