Henderson Lays Off Fixed Income Head

Henderson’s director of retail fixed income James Gledhill has exited the firm.

Henderson’s director of retail fixed income James Gledhill has exited the firm, Financial Times reports. The investment management firm has replaced Gledhill with bond fund managers John Pattullo and Jenna Barnard to manage his funds.

Gledhill was asked to leave as he delivered poor performance on the £510 million Fixed Interest Monthly Income fund and the £217 million High Yield Monthly Income fund. He joined Henderson in 2009 after the acquisition of New Star by the firm.

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