Credit-focused asset manager Muzinich & Co has appointed Simon Males (pictured) as managing director, head of Institutional Business, effective this winter.
In this newly-created position, Males will be responsible for the growth and development of the firm’s UK institutional client base and consultant relationships.
He will report to George Muzinich, chairman and chief executive officer of the company. Males joins from Legal & General Investment Management where he was head of Global Fixed Income Distribution.
Formerly, he served as managing director, institutional client relations at Pramerica Fixed Income and had a five-year tenure as head of UK Institutional Business at Pictet Asset Management.
A number of appointments were made by the firm to expand its footprint: Josh Hughes, former Muzinich’s UK and Nordics managing director has become head of Global Distribution; Eric Pictet moved from France to Singapore to head the firm’s wholesale and institutional business in Asia; and Markus Taubert joined earlier this year as country manager, Head of Sales for Germany and Austria from BlackRock.
“Public and private debt will remain integral to institutional client portfolios. Pension funds, insurance companies and other institutional clients will continue to seek out solutions-oriented providers offering fixed income diversification and higher-yielding strategies to meet their liability and cash flow needs.
“Muzinich is renowned for its institutionally-focused approach to credit selection and I am looking forward to working with the management team to further expand and enhance these capabilities,” Males commented.