Royal London Asset Management has appointed Sajiv Vaid, Paul Doran and Peter Allwright as bond fund managers of its fixed income team. The three will report to Jonathan Platt, head of fixed income.
According to Howard Daldorph, RLAM’s sales and marketing director, the new hires are a result of the firm’s expansion plans, which last year saw Royal London takeover Edinburgh based Scottish Life.
Vaid, who joins from Fuji Investment Management, will be responsible for the development of RLAM’s UK corporate bond capability and the expansion of Royal London’s exposure to European markets. At Fuji, Vaid specialised in international bond portfolios. He has previous experience of managing UK bonds.
Doran will work closely with Vaid and will develop a credit derivatives capability. He joins RLAM from Barclays Bank, where he analysed credit portfolios and securitisation issues in the UK.
Prior to joining RLAM, Allwright worked for Nikko Europe and Nomura International as a bond trader. His last senior position was at Svanska Handelsbanken, in Sweden, although on his return to London he worked temporarily for Thompson Financial Services. Allwright will be responsible for international government stock
Commenting on the appointments, Daldorph said: “We are delighted with the appointments. RLAM is a recognised fixed interest manager and the appointments of these men serve to further strengthen our position.”
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