Alliance Trust Investments' head of fixed income Rod Davidson is to leave the firm at the end of the year as the group scales down its fixed income assets, Investment Week can reveal.
Davidson (pictured) has headed up the fixed income team at ATI since 2010 and is manager of the £349m Alliance Trust Sustainable Future Corporate Bond fund. His role will be taken over by investment manager Stuart Steven, who has worked at ATI since 2009 and is currently co-manager on the Alliance Trust Monthly Income Bond and Alliance Trust Dynamic Bond funds. He previously worked at L&G and Scottish Widows Investment Partnership. Alliance Trust gives progress report on overhaul A spokesperson for ATI said: "Following careful consideration Rod Davidson has decided to leave the busi...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
