Merian GI to insource and revamp Total Return Bond fund

The insourced and renamed Merian Global Dynamic Bond fund will now be managed by Merian's head of fixed income Mark Nash and manager Nick Wall, who will instigate a number of changes to the vehicle's investment approach. Bond veteran Bill Gross to retire after four decades Although its objective - to maximise total returns consistent with capital preservation - will remain the same, the fund will now have an expanded global investment remit, removing the existing restriction requiring a minimum of 80% of its assets to be held in dollar-denominated fixed income securities. The refer...