Aviva Investors has appointed Emily McDonald as credit investment director, following the hire of Rachel Harris as senior credit investment director, as revealed by Investment Week.
In the newly created roles, both McDonald and Harris will work alongside the credit portfolio managers to identify new solutions for clients in response to their changing needs.
McDonald will report to Harris, who in turn reports to Steven Blackie, global head of product strategy. She joined Aviva Investors through the firm's Return to Work Programme, which aims to attract candidates with a background in financial services or asset management back into the workplace after a break of at least two years.
Most recently, McDonald worked at Credit Suisse, covering Southern European and UK clients.
Harris joined Aviva Investors at the start of this year, having spent three years at Janus Henderson as lead client portfolio manager of fixed income strategies in Europe.
An active promoter of diversity in the work place, she also worked at Credit Suisse, where she began her career in credit sales in 1998, and has also held roles at Royal Bank of Scotland and Goldman Sachs.
Steven Blackie, global head of product strategy at Aviva Investors, said: "As we continue to grow our business externally, it is vital that we provide the very best support for our clients.
"Rachel and Emily's experience will boost our expertise and help us to better understand and anticipate their needs. I am delighted to welcome them to the firm."
Retail companies could exceed expectations
Debt has become the opioid crisis of the global economy.
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.