Fixed income specialist TwentyFour Asset Management has reported record profits for the nine months to the end of 2015 – its first results covering the period after Swiss bank Vontobel took a controlling stake.

TwentyFour, which manages about £7.3 billion and was launched during the nadir of the financial crisis in 2008, confirmed in its accounts filed at Companies House in September that profit available for distribution among its partners had shot up 46% to £10.1 million for the nine months to December 31, 2015.