AXA IM individual joins BlueBay as credit trader departs for Norges Bank Investment Management

Departing credit trader had been with BlueBay for 13 years; incoming individual most recently served at AXA Investment Managers for 10 years.

An investment-grade credit trader from RBC BlueBay Asset Management has left the firm to join Norges Bank Investment Management, The TRADE can reveal.

Christopher Lemmo left BlueBay, part of RBC Global Asset Management, in April this year after almost 13 years at the fixed income focused asset manager.

He has been appointed senior trader at Norges Bank Investment Management, based in New York.

Norges Bank Investment Management confirmed his appointment.

Lemmo joined RBC as an investment-grade credit trader in 2010 after previously spending nearly four and a half years at Vanguard in its analyst development programme and later as an investment-grade credit trader.

Joining the US-based RBC BlueBay desk as Lemmo departs is Ben Romeo who has been appointed senior trader after most recently serving at AXA Investment Managers for a decade.

RBC BlueBay confirmed Lemmo’s departure and Romeo’s appointment.