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abrdn Strategic Bond – upcoming change of fund manager

Date:
Author:
The Adviser Centre
IA Sector:
£ Strategic Bond
Asset Manager:
abrdn

On 14 June 2024, abrdn announced that Roger Webb, Deputy Head of the Sterling Credit Portfolio Management team, will be leaving the firm at the end of June 2024.  He was a co-lead manager of the abrdn Strategic Bond fund, alongside Luke Hickmore and Adam Skerry.  This fund features on our Recommended list.

Messrs Hickmore and Skerry will continue in their co-portfolio manager roles and will be joined by portfolio manager, Jamie Irvine.  Mr Hickmore is a senior manager in the fixed income team, and Mr Skerry is Head of the Inflation-Linked team.

abrdn has a well-resourced global fixed income team.  Its Sterling Credit Portfolio Management team consists of seven experienced investment professionals who have an average of 22 years’ experience.

As a reminder, this is a flexibly managed, diversified fixed income fund. The managers aim to deliver attractive risk-adjusted returns through a combination of strategic allocation decisions, credit selection and tactical positioning.

The fund remains on our Recommended list and, according to our usual process, we will be holding meetings in the coming weeks to discuss developments in greater depth.

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