People Moves

Standish Mellon Asset Management Creates Co-Deputy CIO Role

Eliane Chavagnon Reporter 2 October 2012

Standish Mellon Asset Management Creates Co-Deputy CIO Role

Standish Mellon Asset Management, the Boston-based fixed income specialist for BNY Mellon, has appointed Raman Srivastava to the newly-created position of co-deputy chief investment officer and managing director of global fixed income, with responsibility for overseeing all global and non-US fixed income strategies.

Srivastava will report to David Leduc, CIO at Standish. Srivastava, Leduc and David Horsfall, also co-deputy CIO, will manage the firm's multi-sector and absolute return fixed income strategies, the firm said in a statement.

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

Srivastava has spent his entire investment career focused on fixed income. Most recently, he was a senior investment professional and portfolio manager for Putnam's core plus, global fixed income and absolute returns teams. Earlier, he was a fixed income analyst at Bank of Nova Scotia in Toronto.

Standish Mellon Asset Management has some $97.5 billion of assets under management.

 

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