Long term Fixed Income Fund Manager James Foster is retiring from Artemis after 16 years with the company as Artemis makes changes within its teams. Alex Ralph, who co-managed the £1.8bn Strategic Bond fund with Foster, is also leaving. Foster, also co-managed the £700m Monthly Distribution fund, while Ralph managed the £920m High Income strategy.
Steven Snowden will now replace Foster as head of Fixed Income. With a BSc and a MSc in Finance from Queen's University, Belfast, in 1994 Stephen started his career at Aegon Asset Management (now Kames Capital) as a US equity analyst and fund manager. In 1998 he moved to fixed income, becoming manager of Kames' Sterling Corporate Bond Fund in June 2000. Stephen then joined Old Mutual Asset Managers and managed their Corporate Bond Fund from 2004 - 2011, when he returned to Kames. There, as co-head of fixed income, he was co-manager of the Kames Investment Grade Bond Fund, the Investment Grade Global Bond Fund and the Absolute Return Bond Fund until November 2018. In May 2019 Stephen joined Artemis as a partner.
David Ennett will now become the lead manager on High Income with Jack Holmes working alongside him. Stephen Baines will manage the bond element of the Monthly Distribution fund.
If you have any questions regarding this article, please contact us.
- uploaded - 13 October 2021