James Gledhill moves to Morley Fund Managers

Former M&G corporate bond manager James Gledhill is to join Morley Fund Managers to manage mainstream and corporate bond investments. Gledhill used to run some £1.5bn in assets at M&G when he was lead manager of its corporate bond fund and high yield portfolio. When M&G's parent company, Prudential and the M&G fixed interest teams were combined last year, Gledhill stepped down from running the portfolios and moved over to PPM Ventures, the group's private equity arm. It is understood Gledhill wanted a change and was anxious to go back to running fixed interest assets. He will j...