Aegon Asset Management has appointed Stephen Snowden to co-manage its two bond funds, Financial Times reports. The Investment Grade Bond fund and the Investment Grade Global Bond fund will be run by Snowden, along with Euan McNeil, from September 2011. Snowden will replace Aegon’s co-head of fixed income, David Roberts, on the funds. Snowden has previously worked for Old Mutual Asset Managers and has managed the £747 million Old Mutual Corporate Bond fund.
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