Nikko AM integrates global fixed income team
Nikko AM has announced plans to merge its Australian fixed income team with the firm’s London-based global fixed income team to enhance its global investment framework.
The new team would be led by Andre Severino who has been appointed as the sole head of global fixed income and would be based in London.
Additionally, John Sorrell and Leo Leslie would join the global credit division of the global fixed income team while Darren Langer and Chris Rands would join its rates division and would remain responsible for the Australian fixed income and insurance assets.
At the same time, the restructure would see two analysts and one portfolio manager leave the Australian team and Nikko AM Australia’s current head of Australian fixed income, James Alexander, would relocate to Singapore to join the firm’s global multi-asset team.
The decision followed a recent announcement from Suncorp, a former parent company of Nikko AM Australia, to reshape its investment strategy and operating model.
Nikko AM Australia’s managing director, Sam Hallinan, said: “At Nikko AM, we firmly believe that developed market fixed income solutions are becoming less regionally oriented, and that shared global insight is the key to fixed income alpha”.
“This decision was reflective of that philosophy,” he said.
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