TwentyFour Asset Management has added a sellside veteran to its asset-backed securities team, a sector where the fixed income specialist sees "material inflows" as investors look for yield.
The £6.9 billion asset manager has brought on board John Lawler, the former head of European ABS sales at Nomura, as a portfolio manager in its now 10-strong ABS team, the firm said in a statement on August 18. Lawler started on August 15.
