Gartmore hires two new fixed income managers

Gartmore has hired two specialist fixed income managers to create and launch a global credit hedge fund. Varkki Chacko has come from Goldman Sachs, where he was a managing director in charge of global credit strategy and Mark Wautin has been brought in from Global Asset Management, where he was head of European fixed income. Glyn Jones, chief executive officer of Gartmore, said the firm has plans for further launches and intends to concentrate on specialist asset classes. The company recently announced a major shake-up, beginning with the resignation of Peter Chambers, who was g...