Ions: Why I hired a bond manager 18 months after selling credit arm

Natalie Kenway
clock

Liontrust's chief executive John Ions said he hired Thames River's former credit head - just 18 months after selling Liontrust's existing credit arm - for its global specialism.

Yesterday the group announced Michael Mabbutt will be joining the firm in January 2013 to launch a Global Strategic Bond fund. Ions (pictured) said there will be further hires for his team, with one joining in the first quarter, and more funds added to the range. At the time of the sale of the previous credit business in April 2011, Ions said the group was not ruling itself out from running credit funds in the future. The previous five-person credit team, led by Simon Thorp, and the assets in the Liontrust Credit Absolute Return fund and Liontrust Credit fund, totalling £85m, were ...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Investment

Stories of the week: Employment, gilts, and Saba Capital

Stories of the week: Employment, gilts, and Saba Capital

Permanent vacancies, gilts, and trust activism: The biggest stories from the world of investment and asset management this week

clock 14 February 2025 • 1 min read
Morningstar's Kenneth Lamont: Five key questions on the shift in asset management

Morningstar's Kenneth Lamont: Five key questions on the shift in asset management

'Year of significant transformation'

Kenneth Lamont
clock 11 February 2025 • 4 min read
Janus Henderson Investors' Julian McManus: Active investing in an era of market concentration

Janus Henderson Investors' Julian McManus: Active investing in an era of market concentration

Lessons from DeepSeek shock

Julian McManus
clock 10 February 2025 • 3 min read
Trustpilot