Schroders head of fixed income for Australia, Stuart Dear, has identified two areas of the fixed income market that he believes are currently attractive to investors.
We continue to position the portfolio defensively with high levels of cash in the face of interest rate turmoil. Value is returning with the recent shifts higher in yields and corporate credit spreads, but we think it’s too early to position the portfolio with more interest rate and credit risk.
AP Pension, following the appointment of
Rasmus Cederholm as the company’s new investment chief last week.
The firm said it had appointed Hemmingsen as deputy CIO – a newly-created role, and Normark Nielsen as its new head of equities, filling the role being vacated by Cederholm, who has been promoted to replace current CIO
AP Pension said that as deputy CIO, Hemmingsen would become part of the management of its investment team, taking on special responsibility for bonds and credit investments. He has worked for the pension fund since 2017 as its head of fixed income, having previously spent eight years at PenSam in various managerial roles including as its CIO.
Janus Henderson bond chief to take 'bittersweet' career break citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
Maroutsos said: While my decision to take a career break is bittersweet, I have the utmost confidence in the team and their investment process. Having worked closely with the team for many years, I have no doubt their talent and unwavering dedication to serving our clients will position them to generate solid returns. I thank the team and senior management for their trust over the past 15 years and will miss their professionalism and friendship.
Cielinksi added that the firm remains committed to delivering long-term dependable investment outcomes for their investors, and Janus Henderson s team-based approach to fund management allows for robust succession planning and a seamless transition for clients when we have personnel changes .