Standish Mellon has appointed a new head of its global fixed-income team, with David DeLuc taking over from Charles Dolan. Dolan remains with the firm and on the global fixed-income team.
SpokesmanMike Dunn said that DeLuc’s new title had not been finalized and added that the change is “part of the ongoing evolution of our investment team,” but declined to elaborate.
DeLuc will keep his posts as head of the global credit strategies group and as spread sector strategist for non-U.S. and global fixed-income. He joined Standish Mellon in 1995 from State Street.
Dolan has been at Standish Mellon since 2004 after 12 years at Pareto Partners.
Standish Mellon recently lost Marc Seidner, director of active core strategies, to a post at the Harvard Management Company (www.fundaction.com, 5/19).