Smith & Williamson head of fixed interest Chris Lynas has retired from the industry after 25 years with the company.
Ian Kenny, manager of the Smith & Williamson short and medium-dated corporate bond funds, has been appointed in his place.
Ed Rosengarten, partner and head of funds business, says: “We would like to thank Chris for his immense contribution to the fixed interest funds at Smith & Williamson and in particular for his role, with Ian, in making the short-dated corporate bond fund the success that it is today. We wish him well for the future.
“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.”
Kenny joined Smith & Williamson in 1997 and has been running the short-dated fund since its launch in 2009 and the medium-dated fund since its 2012 launch.
Lynas also co-manages the global government bond fund, with Robin Marshall. He has been in the investment management industry since 1986, starting with Hoare Govett.