Mark L. Simenstad, formerly vice president and portfolio manager at Investment Advisers Inc., where he co-managed the IAI Bond Fund and the IAI Balanced Fund, has joined Voyageur Asset Management as head of the taxable fixed-income department.
He will oversee portfolio management and trading of the firm's $4.6 billion in taxable fixed-income securities and co-manage, with Jane Wyatt, chief investment officer, the Voyageur U.S. Government Securities Fund.
At Investment Advisers, a decision has not yet been made as to whether he will be replaced
