Paul Grice, head of U.K. and global government bonds, has stepped down from his role at F&C Asset Management, What Investments reports. Malika Gulabani has succeeded Grice as the lead manager of its £442.2 million global bond fund. The vehicle invests in an international portfolio of interest bearing securities. Gulabani, who joined the company in 2006, is a fund manager in international government bonds and has previously served at Morley Fund Management and Schroders.

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