OMAM adds two to fixed interest team

Chris Palmer has been appointed joint manager of the Old Mutual Dynamic Bond fund, working alongside OMAM fixed interest chief Andrew Tunks.

Palmer has moved from Elgin Capital, where he was a crossover credit specialist focusing on the sterling bond market.

Former Gulf International Bank trader and analyst Rachid Semaoune has also joined the team, becoming deputy manager of the Old Mutual Corporate Bond fund, the Stephen Snowden managed offering.

Tunks says the firm is delighted to add Palmer and Semaoune.

“They are both talented and experienced investment professionals and I expect them to play a key role in the management of our fixed interest funds during what should prove to be an exciting period for the asset class,” he says.

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Hysni Kaso
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• fixed interest