Peter Askew and Chris Rothery, both of Rowe Price-Fleming, will lead the global fixed-income team at Fleming Investment Management, Mr. Askew said. The spots were opened last week when David Boardman, formerly CEO at Fleming, left the firm for WestAM, taking two directors with him.
"The Fleming global fixed-income unit incorporates Rowe Price-Fleming, he said. The two units will merge and the funds will be managed as one, but the companies remain distinct, he said.
Both Mr. Askew, formerly an executive vice president, head of global fixed income at Rowe Price-Fleming and now head of global fixed income at the combined group, and Mr. Rothery, a vice president under Mr. Askew, will continue to be based in London, said Arin Gordon, vice president global fixed-income marketing at Rowe Price-Fleming.