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Gartmore appoints head of high yield

Gartmore has appointed Kam Tugnait as head of high yield.

This follows the appointment of John Anderson as head of credit with both due to join later this year.

Kam will be responsible for the management of Gartmore’s high yield corporate bond fund reporting directly to John.

Previous roles include head of high yield at United Bank of Kuwait and more recently Standard Bank.

Gartmore chief investment officer Dominic Rossi says: “Gartmore will continue to build its position in the credit market. We believe that Kam’s high yield expertise is the ideal complement to John’s investment grade experience, making for a well balanced fixed income team.”

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