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.

GLG strengthens bond team with ECM hire

GLG strengthens bond team with ECM hire

GLG has recruited Andy Li as co-manager of its £540 million Strategic Bond and £126 million Global Corporate Bond funds.

Li will work alongside Steve Roth and Jon Mawby (pictured), also an ECM alumnus, on the two funds as well as the offshore Flexible Bond and Global Investment Grade Bond funds.

At ECM, Li was lead portfolio manager of the ECM Diversified Financials Europe fund and co-manager of the ECM Absolute Return Credit fund.

‘Building out our fixed income platform is a strategic focus for the business and we are seeking to enhance our resource in this area in line with growing demand for our strategies, commented Teun Johnston, co-CEO of GLG.

‘From Jon’s first-hand experience of working with Andy we know he has the ability to further strengthen our fixed income capability and we are very pleased to welcome him to GLG.’

The GLG Strategic Bond fund has swelled significantly recently, from around £150 million at the end of last year to more than £500 million.

Since launch in November 2011, it has returned 31.3% compared with an average of 18.3% from its IMA Sterling Strategic Bond sector.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter