Liontrust’s global fixed income investment team has made two hires to work alongside co-heads Phil Milburn (pictured) and Donald Phillips.
Sharmin Rahman will join from Axa Investment Managers on 1 August, where she is currently a senior portfolio manager and analyst in its European high yield team. Rahman has been in her current role since 2012 and brings with her 14 years’ industry experience.
Emma Veitch joined the team on 12 July, which marked her return to fund management after a 22-year career break. She was previously a senior investment analyst at Aegon Asset Management, where she worked between October 1993 and July 2000.
The FTSE 250 fund group said the pair “will add significant credit resource to the team”.
Milburn and Phillips are co-managers of the Liontrust strategic bond funds, GF high yield bond fund and GF absolute return bond fund. Subject to regulatory approval, Rahman will become a deputy manager on the high yield strategy.
Once the team comes together, Milburn will focus on the macroeconomic drivers of the investment process; while Phillips, Rahman and Veitch “use their insights to add value in credit selection”, the company said.
There will be no change to the investment process or how any of the funds are managed, however.
Milburn said: “Sharmin and Emma are fantastic additions to our team. Sharmin has a wealth of experience in credit, we are delighted to be able to attract someone of her calibre.
“Having previously worked with her, I have personal experience of the quality of Emma’s analysis; I look forward to her rapid transition from equity to credit analysis, a path I took myself roughly 20 years ago.”
See also: Liontrust eyes ESG link to remuneration
