The £356m Macro Global Bond duo will be leaving to pursue individual personal interests and "will continue to manage the fund for up to six months to ensure an orderly handover of responsibilities and will therefore work alongside the new management team."
A new permanent team is being sought and will be appointed shortly, according to spokesman Richard Janes.
Thursby and Geikie-Cobb are the latest managers to depart F&C in a busy year for exits, following the announcements of both Ted Scott and Jeremy Tigue’s planned retirements.
The fund, which is a Dublin-domiciled UCITS vehicle, has underperformed Fixed Interest – Global over five and three years, returning just 4.1% and -5.4% respectively compared with its benchmark’s 25.5% and 6.5%.
Over one year, the fund has picked up, returning 1% against the peer group’s loss 5.4% loss.
