Michael Even was appointed managing director and chief of global equity quantitative analysis for Citibank Global Asset Management, a new position. He had been executive vice president and director of quantitative research at Independence Investment Associates; his duties there have been assumed internally.
Donald Shute joined Bear Stearns Asset Management as an associate director and portfolio manager specializing in emerging market debt and global bonds, a new position. He had managed international and emerging market debt at LGT Asset Management.
P&I Daily will not be published Nov. 27 and 28; publication will resume Dec. 1.