Updated: GLG plans to close bond funds after Isaac's departure

philippe-lespinard
Philippe Lespinard

GLG Partners is to close three of its bond funds after manager Gareth Isaac was poached by rival Schroders. The group said it plans to close the GLG Gilt, GLG Core Plus Sterling Bond and Total Return Bond funds following fixed-income star Isaac's departure.

All three funds have a small amount of assets compared with peers, with just £48 million in the Core Plus fund, £33 million in the Gilt fund and £34 million in the Total Return fund.

The Core Plus fund is nonetheless a top quartile performer

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here