Officials at the insurance giant Legal and General have this afternoon expressed their sadness and condolences to the family of John Monckton, after he was fatally stabbed by intruders at his Chelsea home yesterday.
Monckton, managing director of bonds at LGIM, and his wife Homeyra were attacked by two intruders who forced their way into the home in Chelsea, West London yesterday evening, according to a report by the BBC.
Monckton, 49, eventually died from his injuries in hospital but Homeyra is recovering from emergency surgery.
A message of condolence issued by Tim Breedon, Legal & General group director of investments, says John will be missed by all who worked with him.
"John will be greatly missed by all of his colleagues. He was the leader of Legal & General's fixed income team. He also contributed influentially to the Group's overall strategic market view and he had a deep insight into financial markets,” says Breedon.
“He built up a strong team who admired him greatly and will carry on his work. John had a great intellect and was a man of the utmost integrity and kindness. I will miss his support, his contribution and his dry wit. Our thoughts are with his wife and children," adds Breedon.
Monckton headed up the actively-managed bonds department at LGIM and had overall responsibility for investment strategy, after joining LGIM in 1996 and having worked in the fixed interest market for 25 years.
He was previously also employed at Barclays de Zoete Wedd and Foreign & Colonial, where he headed up the fixed interest departments.IFAonline
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