Smith & Williamson’s head of fixed interest Chris Lynas has retired after 25 years at the company.
Mr Lynas, who has been with the firm since 1990 and began his investment career at Hoare Govett in 1986, will be replaced as fixed interest head by Ian Kenny.
The latter joined Smith & Williamson in 1997, and has been managing the £464m Short-Dated Corporate Bond fund and £461m Medium-Dated Corporate Bond fund since they launched in 2009 and 2012 respectively.
Mr Lynas had been co-manager on those portfolios and a number of other Smith & Williamson bond funds.
Ed Rosengarten, partner and head of funds business, said: “We would like to thank Chris for his immense contribution to the fixed interest funds at Smith & Williamson.
“We have built up a very strong franchise in the core fixed income sector over recent years. This team has a wealth of expertise in this space and the proven ability to manage portfolios through the many different market cycles.”
