Fixed IncomeApr 22 2014

TwentyFour boosts fixed income team with new hire

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TwentyFour Asset Management has strengthened its fixed income team with the hire of Pierre Beniguel as a portfolio manager.

Mr Beniguel will work across TwentyFour’s range of fixed income funds, providing particular expertise on leveraged loans and distressed debt.

He has joined from Portigon Financial Services, where he spent three-and-a-half years in the loan trading group.

A spokesperson for TwenyFour said the firm is still actively recruiting and is looking to bring in two more portfolio managers to particularly work on asset-backed securities.