David Knee appointed M&G Investments deputy CIO as David Lloyd retires

Joins from M&G Southern Africa

David Knee has been appointed deputy CIO for fixed income at M&G Investments, replacing David Lloyd, who retires at the end of the year.

Lloyd first joined M&G in 2006 as head of institutional portfolio management, before becoming deputy CIO, fixed income in 2020. Alongside Stefan Isaacs, Lloyd will be replaced by Knee, reporting to Jim Leaviss, CIO, fixed income. M&G backs bitcoin derivatives exchange with £20m investment Knee will join the firm in January from M&G Southern Africa, where he was most recently chief investment officer. Leaviss said: "During his time with the business, David has overseen a transformational expansion and diversification of our institutional public debt book of business. The bedrock ...