Legal & General Investment Management(LGIM) has appointed Omar Saeed as lead manager of its flagship Dynamic Bond Trust, nine months after the departure of Richard Hodges.
Hodges left the firm in October after seven years to join Nomura Asset Management, and his £1.2bn fund was handed to Martin Reeves, global head of high yield at the firm. Saeed (pictured) will take over the fund from July, subject to regulatory approval, making this his first lead manager mandate at the group. He joined LGIM as a senior portfolio manager in February from Swiss group Swisscanto Asset Management. Click here to read our interview with LGIM's head of distribution. Reeves will remain in charge of the £1.5bn L&G High Income Trust, which he has been running since Novem...
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