Investec Asset Management, the international fund manager, has boosted its fixed income team further with the appointment of Peter Burbank to the newly-created role of head of credit research in London. His appointment from Merrill Lynch follows on from the recent hires of Anna Lees-Jones, Andrew Farrell and Kieron Roane to the 25-strong fixed income team. He will report to John Stopford, head of fixed income, who leads the growing team which manages over £11bn in fixed income assets.

Northern Trust wins YMCA