UK - Investec Asset Management has appointed Jerry Toner portfolio manager for global fixed income.
Toner joins from F&C Management Ltd where he was director, fixed income and head of eurozone bonds, managing assets in excess of £30bn, Investec said.
Toner will be responsible for retail and institutional global bond portfolios and joins the 26-strong fixed income team that manages more than £11bn in assets.
Commenting on the appointment, Hendrik du Toit, chief executive officer at Investec said: “Jerry brings a wealth of experience and knowledge across a number of different markets and is a significant hire. His appointment underlies our commitment to being a premier provider of specialist fixed income.”
Toner’s appointment follows the recent hires of Peter Burbank as head of credit research and Harsha Patel as credit portfolio manager on Investec’s Pan-European credit team.
Investec said the hires were in response to increasing institutional and retail demand for fixed income.
Investec is an international, specialist investment manager with more than £22bn assets under management, as at June 30, 2004.
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