UK - Insight Investment is to merge its global and European fixed income team desks with immediate effect.
Adrian Grey, previously head of Insight’s European fixed income team, assumes overall responsibility for the new International fixed income desk.
Frank Burke also moves to this new team as a portfolio manager, working alongside Bonnie Abdul Aziz, Gareth Colesmith and Isobel Lee.
The change follows news that Peter Geikie-Cobb, head of global fixed income, is to move to a small boutique in August.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
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