UK/US – Deutsche Asset Management (DeAM) has reshuffled a number of key staff members in its bond teams between the US and London as part of a strategy to strengthen its fixed income capabilities.

The firm says it is also set to launch its global high yield product in Europe.
No further details are available about the launch except that the product will be managed from Philadelphia.

Under the relocations, Steve Ilott has been appointed managing director and head of fixed income in London, having spent two years as product head for US core plus fixed income strategy at DeAM in Philadelphia.
He will report to Paul Berriman, global head of institutional fixed income.

Robert Guzman, head of derivatives, and Timothy Vile, head of investment credit, have also relocated from Philadelphia to London.

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