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.
Citywire TV
Play Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: from Batman Live to commodity beta

Profile: from Batman Live to commodity beta

Charteris may be a family affair, but the company is not at any risk of turning sentimental

Wealth Manager on Twitter