The head of fixed income in Liontrust’s sustainable investment team is to retire later this year.
Stuart Steven will step down from his role in September this year, after 34 years in the investment industry.
Steven joined Liontrust in 2017 when it acquired Alliance Trust Investments, where he had worked since 2013.
Prior to that he was an investment director at Scottish Widows Investment Partnership, and a director of corporate bonds at Legal & General.
Steven manages Liontrust’s Sustainable Future Monthly Income Bond Fund, the Sustainable Future Corporate Bond Fund, and the GF Sustainable Future European Corporate Bond Fund.
Aitken Ross, Kenny Watson and Jack Willis will continue as lead managers of the three funds, and Steven will begin to relinquish his responsibilities next month.
“It is a good time for me to retire given the development and expansion of the fixed income team over the past few years,” Steven said.
Peter Michaelis, head of the Liontrust Sustainable Investment team, said: “Stuart has done a fantastic job of improving the integration of sustainability into our two fixed income strategies and building an excellent team.
“We wish him well for the future.”
sally.hickey@ft.com
