Man GLG has purchased Sanlam FOUR's strategic bond investment strategy and £290m assets, which will see fund managers Craig Veysey and Francois Kotze continuing to run the vehicles in their new home.
The pair, which Man GLG said had chosen to pursue new career opportunities at the firm, will also take over Man GLG's existing Strategic Bond fund, following the resignation of Jon Mawby in April. Andy Li had been running the fund since then, and now he and Simon Finch will work with Veysey and Kotze on the wider strategic bond strategy. Veysey has run the £291.6m Sanlam Strategic Bond fund since launch in March 2012, but has been responsible for fixed income mandates at the firm since 2009. Previously he worked at SWIP, WestLB Mellon Asset Management and HSBC Investment Management. F...
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