Rayner and Peirce to join Royal London's bond team

SG Asset Management's Paul Rayner and Stephen Peirce are to join the bond team at Royal London Asset...

SG Asset Management's Paul Rayner and Stephen Peirce are to join the bond team at Royal London Asset Management. Peirce and Rayner, who jointly managed the £59m SG Sterling Bond and £7m Sterling Corporate Bond funds, will join Royal London by June, depending on their contracts. Management of their current funds will move to SG Asset Management's Paris-based operation. This operation already manages global and European bonds, and will also oversee the UK portfolios. The integration of the UK portfolios into the Paris operation is already understood to be taking place. Initially, the p...