Liontrust announced the appointment of fixed income specialists David Roberts and Phil Milburn.
The duo, who are to join Liontrust’s Edinburgh office in early 2018, have a long and successful track record of managing fixed income funds. Following their appointment, Liontrust is to launch a Strategic Bond Fund, High Yield Bond Fund and Absolute Return Bond Fund, subject to appropriate regulatory approvals.
Roberts is currently head of the fixed income team at Kames Capital, and Milburn is head of investment strategy for the team.
Liontrust’s chief executive John Ions commented: “David Roberts and Phil Milburn will be an excellent addition to our existing seven fund management teams, and we look forward to promoting them to our client base in the UK and Continental Europe.
“Roberts and Milburn’s investment style means their funds provide diversification away from many of the other popular fixed income funds. Another attraction for us is the fact that both have a strong investor following, particularly among intermediary clients in the UK.
“The recruitment of Roberts and Milburn will not only expand our fund management capability but also strengthen further our fixed income proposition. Their investment style complements that of our Sustainable Fixed Income team of Stuart Steven, Kenny Watson and Aitken Ross.”