Listed asset manager Schroders has announced further growth in its fixed income business with the appointment of Hugo Squire, who joins as Credit Fund Manager in its fixed income team to further strengthen its high yield capabilities. He will be based in London and report into Julien Houdain, Deputy Head of Credit for Europe.

Mr Squire joins from Muzinich & co, where he was a Credit Portfolio Manager specialising in high yield strategies having joined the investment firm in 2013. Prior to this he has held roles at Sociétié Générale and Macquarie and has over ten years’ industry experience.

Julien Houdain, Deputy Head of Credit for Europe, commented: “Hugo is an important addition to Schroders’ credit platform. He brings with him significant experience in managing high yield portfolios.

“This appointment demonstrates Schroders’ commitment to further strengthening the firm’s credit capability to meet the developing investment objectives of clients.”