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TwentyFour hires ex-Ignis credit star Bowie

TwentyFour hires ex-Ignis credit star Bowie

Chris Bowie, the former head of credit at Ignis, is to join fixed income boutique TwentyFour Asset Management.

Bowie (pictured) left Ignis following its acquisition by Standard Life; he had joined the firm in 2004 and managed the Ignis Absolute Return Credit and Ignis Corporate Bond funds.

A-rated by Citywire, Bowie had returned 28.7% over the past three years through the £246 million corporate bond fund, a top-quartile performance in his sector where the average fund has generated 23.6% during the period.

TwentyFour currently offers three open-ended bond funds and two closed-ended strategies and has£3.2 billion of assets under management.

Its £460 million Dynamic Bond fund tops its Citywire Global Bonds sector over three years, having returned 37.1% compared with the peer group average of 9.1%.

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