Standish appoints new fixed income director from Putnam

Standish Mellon Asset Management Company, the fixed income specialist for BNY Mellon, has hired Raman Srivastava as co-deputy chief investment officer and managing director of global fixed income.

Srivastava joins from Putnam, where he worked as an investment professional and portfolio manager for the core plus, global fixed income and absolute return teams.

Based in Boston, he will report to Standish’s ceo David Leduc. He will oversee all global and non-US fixed income strategies, including multi-sector and absolute return fixed income investments.

Brendan Murphy, director of global fixed income, and Rebecca Braeu, head of global sovereign research, will report to Srivastava.

Desmond MacIntyre, chairman and ceo of Standish, said Raman and the team will focus on developing new innovative solutions to meet the needs of the firm’s clients. He added that other key hires will follow.

Standish specialises in fixed income products, including absolute and total return, credit, emerging market debt and other specialist investment options.

It has $97.5 in assets under management, half of which is through multi-sector strategies.

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