Dickie Hodges to join Nomura Asset Management

Professional Adviser sister title Investment Week understands Hodges (pictured), who managed the £2bn L&G Dynamic Bond trust prior to quitting the company this April, will join the Japanese firm's UK arm in November to run total return portfolios. He will be joined by Ben Bugg, who worked with the top-performing Hodges at L&G for two years before leaving the group in May following the manager's departure. Nomura AM has $305bn in assets under management globally, and its London office accounts for $40bn in AUM. While the business has a strong reputation in the European and global in...