Newfleet Asset Management Names Irvine To Key Business Development Position

Aug 10 2017 | 10:44pm ET

Virtus Investment Partners affiliate Newfleet Asset Management has named former RBC Global Asset Management executive William Irvine as the company’s new head of institutional business development.

In his new role, Irvine will offer Newfleet's comprehensive array of fixed income portfolios, particularly the company’s expertise in multi-sector mandates, to institutional clients such as foundations, endowments, public funds, and multi-employer plans, Newfleet said in a statement. 

Irvine brings more than 25 years of financial services industry experience to his new position, much of it focused on institutional fixed income strategies and consultant and client relationship management. He joins Newfleet from RBC Global Asset Management, where he was managing director leading institutional business development working closely with corporate, government, endowment, and pension fund clients.

Beforehand, Irvine held similar roles at Dimensional Fund Advisors, Eaton Vance Investment Management, and State Street. He started his investment career in institutional fixed income sales at Lehman Brothers and later worked in emerging markets debt at BankBoston.

Headquartered in Hartford, CT, Newfleet Asset Management provides comprehensive fixed income portfolio management, including multi-sector, enhanced core, and core plus strategies, as well as dedicated sector strategies such as bank loans and high yield. The company, which managed nearly $12 in regulatory assets as of June 30, 2017, is an affiliated manager of boutique investment manager Virtus Investment Partners, a provider of investment management services through a network of affiliated managers and subadvisers. 

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