Woolnough moves to M&G

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Top-ranked corporate bond fund manager Richard Woolnough is moving to M&G from Old Mutual with the i...

Top-ranked corporate bond fund manager Richard Woolnough is moving to M&G from Old Mutual with the intention of taking over a new fund. The product will only be developed once Woolnough starts in his new role, and is intended to fit between investment grade and high yield funds. Woolnough will report to Jim Leaviss, M&G head of retail fixed income.

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