Gartmore appoints new high yield head

Gartmore has appointed Kam Tugnait as head of High Yield. Tugnait will join from Standard Charter...

Gartmore has appointed Kam Tugnait as head of High Yield. Tugnait will join from Standard Chartered later in the year and has more than 20 years experience in the high yield space. The change follows the appointment of John Anderson as head of credit, to whom Tugnait will report. Dominic Rossi, Gartmore's chief investment officer, says: "We believe that Kam's high yield expertise is the ideal complement to John's investment grade experience, making for a well balanced fixed income team."