fixed income

HIGH YIELD BONDS

Henderson Global Investors has appointed Phil Apel as head of fixed income as Jim Irvine exits the firm.

CORPORATE BOND

FIXED INCOME

Fixed income boutique MacKay Shields has hired Matthew Nagele, previously at Janus Capital Group, as head of distribution for UK and EMEA.

Old Mutual Global Investors (OMGI) has reshuffled its fixed income desk, promoting Christine Johnson and Stewart Cowley, and is launching a new Macro fund for the team.

The US Federal Reserve surprised investors and sent shares soaring after it unexpectedly opted to hold back on any tapering of its stimulus last night.

Fixed income managers have taken profits on their short positions in US treasuries in the expectation this week could mark the start of a short-term rally.

LEHMANS SPECIAL

Nomura's Brett Olson has joined iShares in the newly-created position of head of fixed income for Europe, Middle East and Africa (EMEA).