He moves from Rogge Global Partners, where he spent three years as a portfolio manager responsible for investing in corporate bonds and credit derivatives on a global basis; this followed five years as head of credit research. Before Rogge, he was director and senior analyst in the credit rating and research unit at NatWest Markets, where he led teams of sector analysts in credit research and ratings advisory.
Commenting on the appointment, David Jacob said: “There is no doubt that the credit market has become increasingly sophisticated, with the use of derivatives continuing apace. Over the past 12 months we have dealt in excess of £17 billion in CDS index and single-name trades and we are increasingly using them across our product range.”
Talbot joins Henderson from Morley Fund Management, where she was a high-yield credit analyst. Before that, she was an analyst with CDC Ixis in Paris and Loomis Sayles in Boston. Fleury was previously director and portfolio manager of asset-backed securities at Deutsche subsidiary Winchester Capital in London. Both will be based in London.