Jeffrey Skoglund was named a senior vice president and high-yield bond portfolio manager at AllianceBernstein, confirmed spokesman John Meyers.
The position is new.
Mr. Skoglund was a managing director and head of the high-yield desk analysts at UBS Investment Bank. Robert Hopper, a managing director and analyst on UBS’ high-yield desk, has replaced Mr. Skoglund, said UBS spokeswoman Allison Chin-Leong.