Aug 11 BlueBay Asset Management LLP, part of Royal Bank of Canada's asset management business, said it appointed Kaspar Hense as a portfolio manager in its investment grade team.
Hense will be responsible for the team's global sovereign and aggregate bond strategies.
He worked at Deutsche Asset Management, a unit of German lender Deutsche Bank AG, in Frankfurt for the most part of his decade-long career.
BlueBay's investment grade business managed nearly $30 billion in assets as of June.
BlueBay is part of Royal Bank of Canada's asset management division, RBC Global Asset Management.
Assurant shares could double-Barron's
NEW YORK, June 25 Insurer Assurant Inc's shares could double because it is emphasizing fee-based businesses while lowering its exposure to its riskier underwriting business, according to a report in Barron's.