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Standard Life Investments bolsters global fixed income team

Standard Life Investments has bolstered its global fixed income team with the appointment of Christopher Heckscher as senior vice president of US credit.

Heckscher joins from Wellington Management, where he covered investment grade and high yield for 14 years.

Based in the group’s Boston office, Heckscher will report to head of US credit and head of global high yield Erlend Lochen and will be responsible for covering US high yield and will also work with the US equities team to widen the coverage of US investment grade issuers.

His appointment was the first since Lochen was charged with extending Standard Life Investments’ European high yield process into a global offering.

Lochen says: “As our first credit hire in the US, Christopher brings a great deal of experience in the US creditmarkets – both in high yield and investment grade – and will provide local knowledge and insights as we seek to build our US team further.”


How you’ve grown

As explained in last week’s article on the child trust fund, the initial payment of £250 is made to the CTF for all children born on or after September 1, 2002, with the top-up being made on their seventh birthday. Children who have their seventh birthday from September 1, 2009 onwards will receive the second £250 payment made directly into their CTF account.

FSA in keyword warning

The FSA and the Office of Fair Trading have warned financial firms against the use of false or misleading keywords on their websites to boost search engine rankings.

Move focus away from price

September is one of the peak times for motor insurance applications and renewals. It is all to do with the way car registrations are updated. No wonder then that the last few weeks have seen the TV ad schedules dominated by comparison websites and Direct Line promising ever increasing discounts and savings.

The FCA’s five fixes for retirement information

The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals on the information that should be delivered to people approaching retirement and how it should look and feel. During 2015, there will be […]


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