Insurance giant Friends Life has hired the former LV= fixed income team to run portfolios at its new asset management business.
Friends Life Investments (FLI) – its in-house business launching next year – has recruited Michael Wright, John Hampton, Purna Bhudia and Nigel Bradshaw to spearhead its fixed income offering. Wright, previously head of fixed interest at LV= Asset Management, becomes director of fixed income. He will be responsible for fixed income asset allocation, and direct management of the government bond portfolios. Hampton will continue with the management of corporate bond funds in his new role as head of credit for Friends Life Investments. The former manager of the LV= UK Corporate Bond fund...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
