Omar Saeed was appointed senior portfolio manager within Legal & General Investment Management’s fixed-income team, a spokesman said.
Mr. Saeed next week will join a 70-person team managing more than £120 billion ($182.7 billion) of fixed-income assets, and will report to Anton Eser, co-head of global fixed income at LGIM.
Mr. Saeed’s appointment “adds further depth to our ability to dynamically manage multistrategy and absolute-return credit products across all fixed-income asset classes globally,” Mr. Eser said in a news release.
Mr. Saeed was a senior portfolio manager and head of high yield in the fixed-income team at Swisscanto Asset Management. A Swisscanto spokesman said the role has been taken on by Roland Hausheer. Further details were not available.
