Allianz Global Investors has hired another member for Mike Riddell’s £7.5bn macro unconstrained fixed income team.
Ravin Seeneevassen becomes the sixth member of the team, joining head of macro unconstrained Riddell and associate portfolio managers Jack Norris and Daniel Schmidt, as well as recent hires Gaurav Soliya and Joe Pak.
It comes after Kacper Brzezniak left the team in May. He was lead manager on the Fixed Income Macro strategy, as well as co-lead on the Strategic Bond fund and deputy manager on the Gilt Yield and Index Linked Gilt strategies. At the time Brzezniak’s departure was announced, the firm said it would be boosting the team from four to six.
Seeneevassen joins from Linden Grove Capital, a London-based global macro hedge fund where he was a partner and portfolio manager and before that he worked on the Nomura cross-asset trading desk. He has experience in global rates, FX trading and inflation, having started his career as a market making inflation trader at Lehman Brothers.
Riddell said: “Ravin’s global macro experience, and in particular his expertise in the very topical area of global inflation markets, adds greater depth to the team’s already diverse skill set.”
The team manages the £3.2bn Allianz Strategic Bond fund, the £2.5bn Allianz Gilt Yield fund, the £163m Allianz Index Linked Gilt fund and the £460m Allianz Fixed Income Macro fund.