Nomura strengthens fixed income team with hire from Vanguard

Magashlin Chetty joins

Nomura Asset Management UK has hired Magashlin Chetty as an executive director and assistant portfolio manager in its fixed income investment team.

Based in London, he will join Nomura's emerging markets corporate bond team, which is part of the firm's corporate research and asset  management division led by Meno Stroemer. Chetty will also support the managers of the €369.1m (£320.6m) Nomura European High Yield Bond strategy. Fixed income in H1: 'Year of the bond' looks more like 'year of the coupon' Since November 2017, the Irish-domiciled fund has been managed by Steven Rosenthal, who has been at Nomura since 2000. In the last three years, the fund has returned 6.6%, while the IA EUR High Yield Bond is up 3.6% over the same tim...