Kames' Milburn takes leave of absence due to ill health

Co-managers to take over funds

Kames Capital's Phil Milburn is taking time out from fund management due to ill health until early next year and will be handing his funds to existing co-managers.

Milburn (pictured) runs four fixed income funds at the firm, which will be temporarily taken over by his co-managers during his absence. The manager is recovering from post viral fatigue syndrome, which follows a bout of glandular fever ten years ago, and will be off until early 2016. Claire McGuckin will continue as co-manager on both the £1.6bn High Yield Bond and £315m High Yield Global Bond funds, with Stephen Baines appointed as support manager on both products. Kames' Milburn builds 10% buffer on Greece concerns David Roberts, head of fixed income at Kames, will continue as...