UK - Britannic Asset Management is boosting its fixed interest team with the appointment of Phil Heaney as investment manager with responsibility for credit analysis.
The addition of Heaney brings the size of Britannic's fixed interest team which manages around £6bn in corporate bonds, index linked bonds and gilts to seven investment managers.
Joe McKenna, head of global fixed interest said: We are delighted that Phil has joined us. Having spent 11 years in this business his wide ranging experience will enhance the all round skills of the team. It is important for us to keep broadening our fixed interest resources given that the size and range of funds we manage is expanding rapidly.
Heaney joins Britannic Asset Management from Westdeutsche Landesbank, where he was a credit analyst for financial institutions. Previous positions include reinsurance security analyst at Odyssey Reinsurance, insurance and reinsurance broker at Minet and management trainee at Trade Indemnity. He joins Britannic on April 2.
By Luke Clancy
The Brunel Pension Partnership has become the fourth local authority pool to receive the green light from the regulator.
Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.
Martin Freeman has been hired as head of technology product and development at Smart Pension, to support the 'growing' technology product side of the business.
Tim Sharp says the government has missed some big opportunities to help workers in the DB white paper.