City Financial's fixed income head Glass departs

Future of his fund in doubt

City Financial's head of fixed income Graham Glass has left the firm, leaving the future of his global bond fund in doubt.

Glass (pictured) joined City Financial in March 2013 and was head of fixed income at the firm as well as lead manager on the Defensive Global Bond fund. His fund has been taken over by Phil Lee, who has supported Graham in the management of the vehicle since November 2013. He previously ran the fund, then known as the Strategic Global Bond fund, on an outsourced basis for City Financial while at his former employer Argyll Investment Services, but it was brought in-house upon his appointment. Glass has also previously worked at Barings Asset Management and UBS Global Asset Managemen...