Marc Seidner was named head of fixed-income strategy at Standish Mellon Asset Management, and John McNichols, director of global fixed-income credit research, a new position. Mr. Seidner will oversee core and core-plus fixed-income strategies; he was co-manager of Standishs high-grade core fixed-income portfolios. Mr. McNichols managed Standishs world high-yield strategy. The firm also plans to add another portfolio manager to the core-plus team.
Mr. Seidner replaces Caleb Aldrich, who left the firm for personal reasons, said Pascale Wiedenroth, company spokeswoman. She did not know of his future plans.