SLI reshuffles credit team as Ennett departs

Added 31st May 2016

Standard Life Investments has made changes to its global credit team following the resignation of its head of European high yield David Ennett.

SLI reshuffles credit team as Ennett departs

Fraser Duff (pictured) has been made lead manager of SLI’s Higher Income Fund and European High Yield Fund.

He will also be appointed as a co-manager of the Total Return Credit Fund, joining the four-strong management team.

An SLI spokesperson declined to comment on the reason for Ennett’s departure or his next move.

Duff has been with Standard Life Investments for five years, focusing on managing European high yield funds, working with Ennett since 2012.

He has also had responsibility for credit research covering the chemical and pharmaceuticals sectors.  His prior experience in covering these industries includes working for Lehman Brothers as a research analyst and sector specialist. He has 13 years of investment experience in total.

The spokesperson said that the company is in the process of hiring additional people to the credit team in Edinburgh.

SLI’s global credit team has 45 people based across Edinburgh, London and Boston. 

“Following Fraser’s appointment there will be no change to our management style, philosophy or process, and continuity of investment performance and commitment to relationship management remain our key priorities,” SLI said in a statement. 

Sponsors

Overseas earners will be key amidst 2017 inflation

Sponsored by Neptune

Overseas earners will be key amidst 2017 inflation...

A by-product of sterling weakness is inflation, and we expect this to continue to gather steam over the coming months, with energy and food prices the hardest hit....

Kames Income Hub

home_research_centre

Vincent McEntegart, manager of the Kames Diversified Monthly Income Fund, explains how he aims to deliver a stable and sustainable income of 5% p.a.*, paid monthly, by investing in a range of asset classes

Square Mile Research

AXA Distribution Fund
AXA Distribution Fund

Talking Factsheets is a video service for users...

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Alex Sebastian

News editor

Alex joined Portfolio Adviser in April 2014 and has been a financial journalist since 2008. He has previously held editorial positions at the Financial Times Group and Euromoney Institutional Investor. Alex is NCTJ qualified and has a degree in economics from the University of Sussex.

Profiles

Viewpoint

Investment Strategy

Feature

Tweets

Events

PA SRI 2017
PA SRI 2017

Tuesday 21st February
Radisson Blu Edwardian Bloomsbury Street Hotel, London

PA Japan 2017
PA Japan 2017

Wednesday 8th March
Furniture Makers' Hall, London

PA Dublin 2017
PA Dublin 2017

Tuesday 14th March
Westbury Hotel, Dublin

PA Asia 2017
PA Asia 2017

Wednesday 22nd March
Furniture Makers' Hall 

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...