Richard Ford was named senior credit portfolio manager for PIMCO in London, spokeswoman Silvia Jelenz-King confirmed. It is a new position. He will report to Luke Spajic, senior vice president and head of pan-European credit portfolio management, and Emanuele Ravano, managing director and co-head of European strategy. Mr. Ford was executive director and portfolio manager on Morgan Stanley Investment Managements global fixed-income team, according to MSIM spokeswoman Alyson DAmbrisi. Mr. Fords responsibilities have been assumed by team members until a replacement is appointed.