People Moves
Nomura Asset Management Bolsters Fixed Income Teams, Preparing New Fund
Nomura Asset Management UK, part of Japanese financial services group Nomura, has appointed Richard Hodges and Ben Bugg for its global fixed income team.
Nomura Asset Management UK, part of Japanese financial services
group Nomura, has
appointed Richard Hodges and Ben Bugg for its global fixed income
team.
Hodges previously worked at Legal & General Investment
Management, where he held the role of Head of High Alpha Fixed
Income. During his tenure, he launched and managed the company’s
Dynamic Bond Trust. He brings more than 25 years’ experience to
his new role, having begun his career at Chase Manhattan Bank and
Natwest Investments before joining Gartmore Investment
Management, where he served as Head of Pan European Portfolio
Construction, managing a range of fixed income strategies.
Bugg previously was an assistant Fund manager at LGIM in its High
Alpha Fixed Income team, working across a range of strategies
including, amongst others, the Dynamic Bond Trust.
The new appointees will be responsible for a new Global Dynamic
Bond Fund which will invest across a full range of fixed income
securities, Nomura said in a statement. The statement did not say
if the men were replacing departures.
As reported elsewhere by this publication, rival Japanese investment house Nikko Asset Management has also added hires to its teams in Europe.
