Aegon Asset Management has nabbed David Roberts from Britannic Asset Management to become head of retail fixed income, with responsibility for the provider's entire retail fixed income range.
No date has been specified for the move as Roberts still has contractual agreements in place with Britannic, but it is expected that he will begin his new role sometime early next year, an Aegon spokesman says. Roberts also takes on responsibility as lead manager of the £110m Aegon Extra Income fund, which invests primarily in UK investment grade bonds. He will also lend support to Philip Milburn, lead manager of the Optimum Income and Ethical Income funds. Aegon says the appointment is part of a plan to take a 10% market share in fixed income sold through IFAs. Another person set t...
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