Threadneedle's Whitman to hand over European High Yield to Poole

Threadneedle's Michael Poole is to become lead manager on the group's £790m European High Yield Bond fund as Barrie Whitman steps back.

Whitman, head of high yield at Threadneedle, has co-managed the fund with Poole over the past two years. As of 1 May he will become deputy manager on the fund, with Poole taking over as lead manager. Whitman (pictured) will continue to manage a variety of other portfolios at Threadneedle, including the £394m Strategic Bond fund. "In the past two years, Michael has already significantly contributed to the outperformance of the fund for our clients," Whitman said. "I regard his becoming lead manager as a natural progression of his excellent management skills and look forward to suppo...