UK - Britannic is looking to recruit four fixed interest investment managers to strengthen the areas of: Swaps and short dated gilts; UK investment grade bonds (with responsibility for specific sectors); UK investment grade bonds (including structured products); and non-sterling investment grade bonds.
The decision to hire follows Britannic's development and expansion of its fixed interest capability. This includes the promotion of current fixed interest investment managers Eddie Middleton and David Roberts.
Middleton will become head of government securities and Roberts will take up the position of head of credit. Joe McKenna, who heads up the desk becomes head of global fixed interest.
McKenna said: We are further strengthening the team in order to take advantage of the increased demand for fixed interest generally, and for credit in particular. There has been a marked increase in the sophistication and complexity in the UK and European markets which has resulted in the growing emphasis on credit analysis.
“I'm confident that the additional resource combined with the development of our government and credit risk capabilities will position us very strongly going forward.
The completion of recruitment will take the fixed interest team at Britannic Asset Management to ten investment managers.
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