Ignis' fixed income head among four managers culled

Ignis Asset Management's head of fixed income Joe McKenna has left the firm as the merged manager ann...

Ignis Asset Management's head of fixed income Joe McKenna has left the firm as the merged manager announces a number of high-profile departures. As part of the company's 36 Glasgow-based redundancies, Ignis has also let go Natasha Chetwynd and Samuel Thorley as it unveiled plans to close its Japanese equities desk. US equity manager Douglas Wright is another who has left as a result of the restructure. McKenna, the Ignis Corporate Bond fund manager, has seen his £309m vehicle decline 21.3% over the year to 8 December, ranking it 83 out of 87 vehicles in the IMA £ Corporate Bond sector, ac...