F&C Appoints Head of Global Credit

F&C appointed Michael Heemelaar as head of global credit. Heemelaar joins from Aegon Asset Management where he was head of investment grade credit. At F&C, the new hire will be based in Amsterdam and will be reporting to Patrick Hendrikx, head of credit.
 
Heemelaar has over 12 years experience in financial markets, eight of which were spent at Aegon. He joined the company as a portfolio manager with the fixed-income team and became responsible for the firm’s investment grade credit strategies four years later. In this capacity, he focused on asset allocation decisions and managed a team of portfolio managers and analysts. 
 
At F&C, he will head up the global credit team of five portfolio managers and 1 portfolio analyst. The team operates within F&C’s 28-strong credit division.
 
”We are delighted to have Michael joining our team as head of global credit to reinforce our capabilities in this key area," Hendrikx said. "His background in the insurance sector means Michael brings a wealth of knowledge of investment strategies for insurance and pension fund clients, combined with a great understanding of global credit markets.”