William Eigen and Jan Faller were hired as senior portfolio managers of the $21.8 billion JPMorgan Global Strategic Income Fund, to be renamed the Strategic Income Fund, confirmed spokeswoman Kristen Batteria. Both are new positions, the result of an internal restructuring. The two are being added as overlay managers on the restructured Strategic Income Fund, which was previously run by Jeff Grills, now a portfolio manager. They will report to Seth Bernstein, head of fixed-income investments. Mr. Eigen was an analyst and lead portfolio manager for Fidelity Investments' Strategic Income Fund, Strategic Dividend & Income Fund and Four-in-One Index fund, and Mr. Faller was a global fixed-income portfolio manager at Deutsche Asset Management. Fidelity spokeswoman Sophie Launay said Mr. Eigen's position was filled in July by Christopher Sharpe and Derek Young. Rohini Pragasam, a spokeswoman for Deutsche, was not available for comment.
Donald Hoerl was appointed acting director of the SEC's central regional office in Denver, effective today, confirmed spokesman John Nester. Mr. Hoerl will be responsible for conducting examination and enforcement activities in Colorado, North Dakota, South Dakota, Utah, Wyoming and New Mexico until a permanent acting director is hired. No timeline has been established for a permanent selection. Mr. Hoerl has been the associate regional director for enforcement in the central regional office since 1997. Mr. Hoerl replaced Randall J. Fons, who announced March 7 that he would leave the SEC to become a partner in the Denver office of the law firm of Morrison & Foerster.
Dansby White was hired as a director and head of the U.S. collateralized debt obligation group in Societe Generale's corporate and investment banking unit, said Jim Galvin, a firm spokesman. Mr. White replaces James Frischling, who left the firm in July for personal reasons, said Mr. Galvin. Mr. White was managing director and portfolio manager at Highland Capital Management, which specializes in managing leveraged loans. Highland Capital executives did not return a call by press time seeking information on Mr. White's replacement.