11 August 2017 – Liontrust Asset Management has announced that David Roberts, currently the head of fixed income at Kames Capital, and Phil Milburn, head of investment strategy of the same team, will be joining the company in early 2018.
As a result of the new hires, and subject to regulatory approval, Liontrust will launch three new funds: Liontrust Strategic Bond, High Yield Bond and Absolute Return Bond.
Commenting on the hires, John Ions, Chief Executive at Liontrust, said: “The recruitment of David and Phil will not only expand our fund management capability, but also strengthen further our fixed income proposition. Their investment style, which provides diversification away from many of the other popular fixed income funds, complements our existing team.”
Darius McDermott, managing director of Chelsea, added: “Liontrust has been a fantastic business for the past five years or so. They are on the up and up and the recruitment of David and Phil – two very high profile fund managers – is further evidence of that success.
“The Kames Investment Grade Bond fund, which is managed by Stephen Snowden and on the Chelsea Selection, remains unaffected by the changes.