Bond manager Anderson set to exit JPM after fund review

Bond fund manager John Anderson is set to leave J.P. Morgan (JPM) after being told his future at the group remains uncertain.

His £200m Sterling Corporate Bond fund is under review, which JPM said puts Anderson (pictured) at risk of being made redundant. "We can confirm we are currently looking at the fund manager coverage of the JPM Sterling Corporate Bond fund. John has been put at risk of redundancy as part of that review," said a spokesperson for JPM. "However, no decision has been made regarding any changes. If the redundancy did go ahead, we would of course ensure the JPM Sterling Corporate Bond fund - to which we remain very committed - has the appropriate resource and experience." The fund has del...