Federated Hermes to run two CCLA funds
It will manage two fixed income strategies
Having left similar roles on the boards of Abrdn-managed US funds earlier this year
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JP Morgan AM and Jupiter managers among those reluctant to tap into climbing gilt yields
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Sigma Broking left ‘potential market abuse’ unreported; FCA metes out fines and bans
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UK savers pulled net £2.6bn from funds, according to IA report
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Marie Lawrence’s focus will be on the southeast of England
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Shares in the trust will still be tradeable on the LSE until a liquidator is named
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While US bonds, healthcare and Latin America deliver the only bright spots
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The fund will begin trading on 1 November
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Harry Nolan previously worked in distribution during his time at Neptune
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Dominic Johnson will once again work alongside the firm’s co-founder Jacob Rees-Mogg
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Jonathan Badcoe joins the London office as an investment manager
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