OMGI replaces Rogge on bond fund; management brought in-house

Follows sale of Rogge to Allianz GI

Old Mutual Global Investors is bringing the management of the Old Mutual Investment Grade Corporate Bond fund in-house, to be managed by Lloyd Harris and Tim Barker.

The £20m fund is currently managed by Rogge Global Partners and will be brought in-house on 3 November, subject to regulatory approval. Fixed income specialist Rogge was sold to Allianz Global Investors by OMGI earlier this year. It will be managed by Harris, who manages the £428m Old Mutual Corporate Bond fund, and supported by co-manager Tim Barker who is head of credit at OMGI and co-manager on the £138m Old Mutual Monthly Income Bond fund. The fund has exposure to the global credit market, distinguishing it from the Old Mutual Corporate Bond fund, which primarily invests in cor...