LONDON – International investment manager, Henderson Global Investors, has hired credit manager Kevin Loome and five US credit specialists. The move comes to satisfy increasing demand from its global client base and for Henderson to build on its success in European fixed income.
The team joined Henderson on 4th of February from Delaware Investments and consists of:
• Kevin Loome – Head of Credit, U.S
• Charles Devereux – Head Analyst
• Devon Everhart – Senior Analyst
• Douglas Zinser – Senior Analyst
• Matthew Fanandakis – Analyst
• Gregg Gola – Trader/Analyst
The team will be based in Philadelphia and Kevin will report to global head of credit, Stephen Thariyan with the remaining team reporting to Kevin.
Commenting on the hires Jim Irvine, Henderson’s head of fixed income said, “Given the increasing client demand for global credit strategies and a desire to build upon the success of our existing award winning credit team, we have long intended to build out a truly global fixed income platform. It was important to us that we did so by sourcing, not only a team with top line performance across the retail and institutional market but also one that would be a cultural fit with our existing team. Kevin and team stood out over all those we met. They have worked together for over five years and have an enviable track record. They will be an excellent addition to Stephen’s existing team.”
Stephen Thariyan added “The world order has changed dramatically since 2008 and will not revert. Clients have understandably sought out those managers that can provide alpha consistently. We have built a European credit team that provides this. Kevin and team have done just the same on a US basis. Bringing the two together will enable us to go to our clients with a complete global credit product range.”
Of Henderson’s £65 billion assets under management £17 billion is in fixed income assets. In the three years to 30 September 2012 85 per cent of fixed income assets under management met or exceeded their benchmark.