UK - Investec Asset Management has further strengthened its UK fixed income team with the appointments of Daniel McMillan as a credit quantitative analyst and Michail Diamantopoulos as a fixed income risk and performance analyst.
Diamantopoulos joins Investec from BARRA International where he was a sales and support consultant for BARRA’s enterprise risk management system.
McMillan was previously a performance and risk analyst with Investec focusing on fixed income.
Commenting on the appointments, Paul Griffiths, head of fixed income at Investec, said: “In the current economic climate, skillful active management of credit is crucial in adding value for institutional investors and our decision to expand the UK fixed income team is a clear indication of our commitment to the fixed income market.”
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).