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Ignis CIO leaves Standard Life Investments

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Chris Fellingham, chief investment officer of Ignis Asset Management, which was acquired by Standard Life Investments last year, is stepping down from the firm.

Fellingham oversaw the integration of Ignis’ investment capabilities within Standard Life Investments during the year, and is now leaving to consider “his next opportunity”.

Standard Life Investments has also made two hires for its Absolute Return Government Bond fund team, appointing Shayne Dunlap and Richard Marshall.

Dunlap will manage the fund alongside current fund manager Jonathan Gibbs, while Marshall’s will be investment director within the team.

Before joining the team, Dunlap and Marshall were proprietary traders at Mizuho Corporate Bank in London.

As a result of the move, the Absolute Return Government Bond fund will move into the existing multi-asset investing and macro team structure, which is headed by Guy Stern.

Standard Life Investments chief investment officer Rod Paris says: “This is an exciting development for macro investing at Standard Life Investments. The Absolute Return Government Bond fund remains an important extension to our macro franchise and the delivery of such uncorrelated alpha strategies.”

He added that the Absolute Return Government Bond fund “is a key focus” for the asset manager.

Assets at Standard Life Investments were boosted by the acquisition of Ignis in the first half of the year, going from £245.9bn at the end of 2014 to £250bn.

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