Knight Libertas, an institutional fixed-income broker subsidiary of Knight Capital Group, has tapped Brian Yelvington to head its new bond research division.

Yelvington will serve as the firm¹s director of fixed-income research-strategy, effective immediately. He is based in the Greenwich, Conn. office, a press release announced today.

The position is newly created and will focus on providing analysis of market trends, the press release said.

Tim Daileader, Knight Capital Group's managing director of fixed-income research said in a statement that Knight Libertas' new strategy and Yelvington's addition would help to broaden its service possibilities to institutional clients.

"Brian's fixed-income strategy combines macroeconomics analysis with fundamental trends across all major corporate debt markets," Daileader added.

Before joining the fundamental investment research and capital markets firm earlier this month, Yelvington held numerous executive positions for CreditSights, Collineo Asset Management and Deerfield Capital Management.

Currently, Knight Libertas Research publishes reports and studies relating to bank debt, corporate bonds and hybrid securities. Its division has 12 senior research analysts.

Knight Capital Group, its parent company, is a global capital markets firm that provides market access to multiple asset classes for buy-and sell-side firms.

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