Aegon Asset Management has promoted Euan McNeil to the role of co-manager on its Ethical Corporate Bond fund, replacing high yield specialist Phil Milburn.
McNeil, who will work alongside Ian Buckle on the vehicle, will also be co-manager next to David Roberts on the group's Investment Grade Bond fund. Aegon says the changes will be effective 1 January 2011. "These changes are in recognition of Iain and Euan's ability and contribution to our successful retail fixed income team," Steve Kenny, Aegon's head of European retail sales, says. "We currently have one of the strongest fixed income teams in the UK market based on our ratings and both of these managers are an integral part of that successful team."
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