Schroders has announced three senior fund management appointments to its US fixed income business.
David Knutson has been appointed as head of credit research Americas and will be based in the firm’s New York office and report into Wes Sparks, head of US credit. avid will be covering large US banks. Succeeding Jack Davis who transitions internally into a senior analyst role, Knutson brings almost 25 years of research experience to Schroders.
He joins from Legal and General Investment Management America, where he had been a senior analyst in fixed income research for ten years.
Eric Skelton has also joined Schroders global fixed income and FX trading team as US credit trader for US investment grade credit, based in New York. He will report into Gregg Moore, head of trading, Americas and will work closely with US credit portfolio managers, Rick Rezek and Ryan Mostafa and the rest of the US fixed income trading desk.
Skelton joins Schroders from Achievement Asset Management (formerly Peak6 Advisors), where he was a credit trader.
Karl Dasher, chief executive North America & co-head of fixed income at Schroders, said: “Investors globally are increasingly attracted to US credit markets in the search for yield and we have been beneficiaries of that trend. To support continued client demand and process evolution, we have made three strategic hires.”
In a third appointment, Chris Eger joins the US credit team in a newly-created role as portfolio manager, reporting to Wes Sparks. Ever is based in the New York office and joins Schroders with 14 years of experience in investment grade – in both trading and portfolio management capacities.
Eger joins from JP Morgan Chase, where he held the role of executive director – credit trader, investment grade domestic and Yankee banks. He previously spent five years at AIG Global Investment Group where he held two vice president positions, firstly as a credit trader and then as a total return portfolio manager.