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Insight merges global and Euro fixed-income desks after chief quits

Insight Investment is merging its global and European fixed-income desks following the resignation of head of global fixed income Peter Geikie-Cobb.

Insight made the move after Geikie-Cobb, who runs the £30m global bond fund which was launched last September, told the company that he is joining a boutique fund manager in August.

The fund will by taken over by Frank Burke, who has been part of the fixed-income team at Rothschild Asset Management since 1994. RAM was bought by Insight last year.

The new international desk will be run by former head of the European division Adrian Grey, who runs Insight&#39s European bond fund and a range of institutional mandates.

Managing director of fixed income and currencies Abdallah Nauphal says: “I am confident that Frank will deliver to target for this fund. We are looking forward to introducing him to financial advisers in the coming weeks.”

Simpsons of Brighton IFA partner Andrew Merricks says: “This sort of thing is bound to happen whenever there is a take-over or a merger. It does not help that it is hard to excel in fixed income.”

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