Standard Life Investments strengthens macro capabilities team
Edinburgh-based Standard Life Investments has strengthened its macro investing capabilities with the appointment of Shayne Dunlap and Richard Marshall to its Absolute Return Government Bond Fund (ARGBF) team.
SLI, the investment arm of insurance giant Standard Life, said both bring considerable expertise and experience in managing liquid global government bonds and currencies on an absolute return basis.
The Absolute Return Government Bond Fund will move into the existing multi asset investing and macro team structure headed by Guy Stern.
Mr Dunlap will assume responsibility for managing the fund along with Jonathan Gibbs, with both reporting to Guy Stern.
Dunlap has over 17 years experience in the sector where his primary focus has been on relative value trading in interest rate derivatives, sovereign bonds and foreign exchange.
Similarly, Mr Marshall has built up a strong track record over the past 8 years using a multi-strategy approach, including relative value and global macro strategies, trading in government bonds, fixed income derivatives and foreign exchange markets. Their skill sets, knowledge and track records to date make them strong additions to the ARGBF team.
Both Dunlap and Marshall previously worked at Mizuho Corporate Bank in London.
Rod Paris, chief investment officer at SLI said: “This is an exciting development for macro investing at Standard Life Investments. The Absolute Return Government Bond Fund remains an important extension to our macro franchise and the delivery of such uncorrelated alpha strategies. ARGBF is a key focus for us going forward. Shayne and Richard will be a great addition to the team as we broaden our investment capabilities for our clients.”
Over the past year, Chris Fellingham, Ignis CIO, has been responsible for helping to oversee the successful integration of Ignis’ investment capabilities within Standard Life Investments. Having now successfully delivered on his objectives, He has decided it is time for him to leave the business and consider his next opportunity.
Mr Fellingham said: “I am delighted to have had the opportunity to work with many talented people to integrate Ignis’ investment capabilities within Standard Life Investments. I would like to take this occasion to wish the ARGBF team and Standard Life Investments every success in the future.”