UK - Rothschild Asset Management (RAM) has appointed Abdallah Nauphal as the new head of its fixed income & currency group.

Nauphal, the former head of fixed income for Schroder Investment Management in London has extensive expertise in the areas of US, global fixed income and emerging market debt.

Ceris Williams, current head of the fixed income & currency group at RAM, has been at Rothschild for ten years and has agreed to remain a director of Rothschild for the next six months.

Paul Manduca, chief executive of Rothschild, comments: "Abdallah Nauphal has over twenty years experience in fixed income and currency management and has
covered a wide range of the major assets within this field. He is highly regarded by the investment consulting community in the UK and overseas and we look forward to his arrival.

Rothschild currently manages US$18bn of fixed income and currency assets for a wide range of institutional clients around the world, including pension funds, insurance companies, central banks, charities, foundations and