JP Morgan Asset Management Sterling Corporate Bond fund manager John Anderson is to leave the group pending a manager change.
Anderson has joined JP Morgan from Gartmore in April 2011 to run the firm’s Sterling Corporate Bond vehicle. Anderson was hired by Gartmore as head of credit at the start of 2009.
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A spokesperson for the firm said: "JP Morgan Asset Management constantly looks at the resources it has across any business or product, and fixed income is no different.
"We have added a significant number of fixed income professionals over the last five years, across our global fixed income franchise, and we have continued to add this year.
"We can confirm that we are currently looking at the fund manager coverage of the JPMorgan Sterling Corporate Bond fund. John has been put at risk of redundancy as part of that review," he added.
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