We have removed AXA Global High Income from our Recommended list.

We have taken this decision following the news that James Gledhill, Lead Portfolio Manager and Head of European High Yield, is leaving the firm to pursue other interests.

We are also terribly sad to hear the news that Global Head of High Yield and US Active Fixed Income, Carl “Pepper” Whitbeck, has passed away suddenly.  He worked closely with Mr Gledhill on the management of this fund.  The fund continues to be backed by a well-resourced team, who work in a collegiate manner with the aim of achieving consistency across strategies.

We send our deepest condolences to Mr Whitbeck’s family, friends and colleagues.