Updated with correction
Stephanie Zwick was appointed head of convertible bonds at Fisch Asset Management, a spokesman said.
Beat Thoma, chief investment officer, was previously in charge of convertible bonds, the spokesman said.
Philipp Good, previously head of corporate bonds, was recently appointed head of convertible and corporate bonds, a newly created role. The head of corporate bonds role has been taken over by Meno Stroemer, who was a portfolio manager within the corporate bonds team.
Both Ms. Zwick and Mr. Stroemer report to Mr. Good.
Ms. Zwick takes on managerial responsibility for the team, while at the same time maintaining her existing portfolio management duties. She was previously a senior portfolio manager at the firm. In her new position, Ms. Zwick is tasked with improving the structures and processes within the convertible bonds unit.
Fisch also hired Filip Adamec as a portfolio manager. The position is new, and Mr. Adamec will use his background in credit to act as a link between the company’s credit research specialist subsidiary, Independent Credit View, and the convertible bond team. He was previously a senior credit analyst at Muzinich & Co.
Ms. Zwick said in a news release that her promotion “is a natural progression in that I had already taken over a number of responsibilities before officially assuming the role. The move will not impact on my day-to-day portfolio management duties, and I will continue to work closely across a number of departments.”
The convertible bond team manages €5.4 billion ($6.1 billion) of assets.