Columbia Threadneedle  

Industry veteran and social bond 'pioneer' Simon Bond to retire

 Industry veteran and social bond 'pioneer' Simon Bond to retire
Simon Bond is to retire after 37 years in the industry

Simon Bond, manager of the Threadneedle UK Social Bond Fund, has announced his retirement.

Bond is stepping back after 37 years in financial services, 19 of which have been at Columbia Threadneedle.

He will move to a part-time role supporting the company's EMEA-based social bond funds, stepping down from fund management, and will retire in 2023.

Tammie Tang will become the lead manager of the Threadneedle UK Social Bond Fund and the Threadneedle (Lux) European Social Bond Fund on June 30 this year.

Bond has managed the social bond fund since its inception in 2013.

It has posted a 3 per cent cumulative return in the five years to May 20, and a 5.7 per cent loss in the past year, compared to a 7.9 per cent loss for the sector.

A spokesperson for Columbia Threadneedle said: "Simon is a pioneer of social bond investing and we thank him for his contribution to our business and clients.”

Dzmitry Lipski, head of fund research, Interactive Investor, said: “Simon Bond has been a true pioneer in social bond investing. 

“Not only does he have extensive knowledge and passion for the sector, but he has been actively campaigning for game-changing green gilts since 2019.”

sally.hickey@ft.com