Amundi has hired Richard Deutsch as head of credit research, fixed income from HSBC Global Asset Management.
Following eight years as global head of credit research at HSBC GAM, Deutsch will now be based in Amundi's London office in his new position as head of credit research for fixed income.
His role assessing the financial situation of the market will help Amundi to analyse the various credit risks associated with fixed income securities.
Deutsch's experience includes creating credit research policies, analytical methodology, global sector research groups and the supervised development of an intranet platform for the communication of credit research recommendations.
He began his career as a leveraged loan credit officer at the Bank of America, before moving on to Merrill Lynch as European head of the high yield and investment grade fixed income research and BNP Paribas CIB where he also conducted credit research.