Isaacs replaces Leaviss on £1bn M&G High Yield

Stefan Isaacs is taking over from Jim Leaviss as lead manager of the £1bn M&G High Yield Corporate Bond fund from 1 October.

The move allows Leaviss to concentrate on the soon-to-be-launched Inflation-Linked Corporate Bond fund, and he will become deputy manager on the High Yield fund. Isaacs, who joined the M&G fixed income team in 2001, has been managing the M&G European Corporate Bond fund which is over £1bn is size, and the £56m M&G European High Yield Bond fund.