Old Mutual Asset Management (OMAM) is expanding the team that runs its A-rated Worldwide Bond fund ...
Old Mutual Asset Management (OMAM) is expanding the team that runs its A-rated Worldwide Bond fund and the Corporate Bond fund which was launched almost a year ago, writes Robert Stock.
Justin Lines, who has been with OMAM since 1997, is being promoted from within OMAM, where he was a dealer on the bonds desk, to assistant fund manager.
Catherine Gladwin has been recruited through OMAM's graduate training programme. The Worldwide Bond fund is managed by Bob Attridge and is top quartile over five years, returning 25.5% compared with a sector average of 15.6% on a bid to bid, net income re-invested basis to 1 June, according to Standard & Poor's.
The Corporate Bond fund, managed by Richard Woolnough, which was launched last July, is ranked third in its sector since launch, having returned 8.26% since launch to 1 June.
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