Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

F&C names Thursby and Geikie-Cobb replacements

F&C names Thursby and Geikie-Cobb replacements

F&C has appointed Stephen Bell and Michiel de Bruin as managers of the Global Macro Bond fund.

The pair replace Paul Thursby and Peter Geikie-Cobb (pictured), who left the firm last month after more than a decade at the fund's helm.,

Bell and de Bruin will assume control of the mandate on 1 July and will be supported by a 14-strong team covering global rates, currency, macro and money markets and bond and FX dealing.

The fund's absolute return focus and investment strategy will remain the same under the new team, which has combined 65 years' experience.

F&C Investments head of consumer Rob Thorpe said in a statement: 'This is a pivotal time for fixed income markets. The unwinding of central bank measures, including quantitative easing and record low interest rates, will provide exciting opportunities for active management within the asset class.

'Steven and Michiel are highly experienced in global macro rates and currency markets, including absolute return risk-focused strategies. Liquid absolute return strategies are a core competence within our 45-strong fixed income team at F&C.

The £350 million Global Macro Bond fund has struggled of late, losing 4.3% in the three-years to the end of April leaving it languishing in 81st place in the 84-strong peer group.  

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 Commodity conundrum, beleaguered bonds and a US dilemma

Commodity conundrum, beleaguered bonds and a US dilemma

This week’s episode of Investment Pulse looks at the impact of falling commodity prices on banks, dangers of negative yield curves and whether US equities can continue to deliver.

Play Mirabaud's Pyshkin: The US will continue to grow dividends

Mirabaud's Pyshkin: The US will continue to grow dividends

The global equity income manager has invested half of his fund here.

Play Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Wealth Manager on Twitter