UK-listed M&G Investments has appointed Andrius Isciukas to the newly-created role of fixed income analyst, within its retail fixed interest team.

Isciukas was latterly a global high yield analyst at HSBC Asset Management, before which he served as a real estate portfolio analyst at UBS Global Asset Management.

Isciukas will work closely with Stefan Isaacs and James Tomlins on high yield portfolios, and Ben Lord on investment grade funds.

In other recent hires, earlier this year M&G Investments hired Matthew Cable as a deputy fund manager on its Smaller Companies Fund.