EdenTree revamps Managed Income fund team

Chris Hiorns, who has managed the fund since November 2020, is set to step back from managing the fund to concentrate on his role of head of multi-asset and European equities. The fund will now be led by Gregory Herbert as lead fund manager, with Michael Sheehan as co-fund manager. Herbert joined EdenTree last year from Jupiter Asset Management, where he managed the firm's Global Equity Income fund and European Income fund, the latter of which closed in November. Meanwhile, Sheehan joined the firm in 2021 from abrdn, where he worked as an investment analyst within the investment gr...