Aberdeen merges Langford's Global Sterling Corporate Bond fund

The Global Sterling Corporate Bond fund has just £6m in assets, while the Global World Bond fund, which also invests in corporate bonds but on a worldwide scale, has £40m. Both are Luxembourg domiciled. Chris Langford, who runs the Global Sterling Corporate Bond fund, will continue to run the group's £41m Corporate Bond fund, leaving Richard Dryer managing the global fund. The Global Sterling Corporate Bond fund has lagged peers over three years, returning 11.8% compared to the Sterling Corporate Bond sector average of 20.2%. Meanwhile the Global World Bond fund has outperformed th...