European high yield head Justin Jewell (pictured) has exited RBC BlueBay Asset Management after 15 years.
Jewell has managed portfolios at RBC BlueBay since 2009 and has run a number of the firm’s high yield strategies, including the $1.6bn SICAV BlueBay Global High Yield Bond fund.
RBC BlueBay confirmed that managing director for head of securitised credit & CLO management Sid Chhabra’s responsibilities will extend to lead the European high yield team, replacing Jewell.
Meanwhile, Tim Van Der Weyden is being promoted to portfolio manager, and will be a named portfolio manager on the firm’s European high yield strategies alongside Chhabra and existing senior portfolio manager, Tim Leary.
In the US, Charlie Whinery is also being promoted to portfolio manager for US high yield strategies, alongside Andrzej Skiba and Tim Leary, who also lead the firm’s global high yield fund strategies.
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