Glass, who joins the firm from Argyll Investment Services, will help build the firm’s fixed income product range, and continue to manage the bond fund which has been brought in-house.
The bond fund combines consistent returns, low volatility and negative correlation to equity markets and has £52m in AUM.
Prior to joining Argyll, Glass managed fixed income products at a number of firms, including Assicurazioni Generali (Paris), Norges Bank (Norway) and at UBS where he led the global index credit team looking after multi-national pension funds and central bank portfolios.
Ed Rosengarten, head of UK asset management at City Financial, said: “Graham has done a fantastic job managing the City Financial Strategic Global Bond Fund since it was re-launched last year. He has delivered a very attractive combination of consistent inflation-beating returns and a low level of volatility. This outcome, together with its negative correlation to equity markets, has seen the fund grow from £8.9m to £52.9m over this period.
“Graham brings his extensive fixed income experience and technical expertise to our team and his appointment is in line with our commitment to attracting the very best investment talent to the business,” he continued.
