GLG's Christophe Akel is stepping down from his role as manager of the group's corporate and strategic bond funds for personal reasons.
Akel's role as manager of the £98m GLG Global Corporate Bond fund and the group's newly-launched Strategic Bond fund will be taken over by head of credit Steve Roth. "For personal reasons Christophe Akel is stepping down as lead manager of the GLG Global Corporate Bond and GLG Strategic Bond funds and we wish him the very best for the future," said a spokesman for the group. "For the time being Steve Roth, head of the credit business, and his team will assume day-to-day control of both retail funds." Akel joined GLG as a credit trader in 2005. The Global Corporate Bond fund has ret...
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