Old Mutual Global Investors (OMGI) has appointed Mark Nash as head of Global Bonds.
Nash departed earlier this year from Invesco Asset Management where he was head of Global Multi-Sector Portfolio Management.
Reporting to Christine Johnson, head of Fixed Income at OMGI, he will be responsible for providing guidance and leadership on developed-market government bonds.
Nash will be joined by his former colleague Nicholas Wall (pictured), who will take up his new responsibilities on 4 July as portfolio manager.
These two additions to OMGI’s fixed income team will lead to the creation of a third area of specialism within the team.
From 1 August 2016, subject to regulatory approval, Nash will become the lead manager of the Old Mutual Global Strategic Bond Fund, taking over from Christine Johnson and John Peta.
Nash has been working for 15 years at Invesco Asset Management, most recently as head of global multi-sector portfolio management and head of European fixed income strategy.
Formerly, he held a number of roles at Invesco including, head of Global Macro Alpha Sources and senior fund manager.
Wall was a fund manager in the global macro team at Invesco AM since 2006.
OMGI’s fixed income head Christine Johnson commented: “Mark’s appointment further strengthens our team approach that recognises just how interconnected markets have become.
“Economic linkages have arisen between the developed and emerging markets, the actions of central banks have profoundly affected the credit markets, and as a result, the return profiles of different fixed income assets have shifted markedly.
“Embracing these changes and appreciating how they influence the investment process is at the heart of delivering long-term value for clients.”
OMGI had £26bn (€31.5bn) in assets under management as at 31 March 2016.