US/UK - Deutsche Bank's Asset Management division (DeAM) has appointed 16 ex-Invesco staff for its Institutional Fixed Income Investment team.
A team of five senior investment managers and 11 additional senior staff will join DeAM from Invesco, including Invesco chief investment officer for Worldwide Fixed Income group, Stephen Johnson, and Invesco director of UK and global fixed income, Mark Dowding.
Also leaving Invesco to join DeAM is director of US fixed income and portfolio manager, Kenneth Bowling, director of global credit research, James Guenther, and director of marketing, Randy Paas. The group will report to DeAM managing director and global head of specialty fixed income Bart Grenier.
Johnson, Bowling, Guenther and Paas will join DeAM as managing directors in the Global Institutional Fixed Income team based in New York and Dowding will also be a managing director, but will be based in London.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers