BT Investment Management (BTIM) has created three new roles in its income and fixed interest division, while axing two roles as the business goes through a restructuring.
"Roles in the team were reviewed and realigned to a new team structure, whereby three new roles were created, including a quantitative analyst, risk analyst and an assistant portfolio analyst position," BTIM head of income strategies Vimal Gor said.
BTIM is interviewing internal and external candidates for the new positions.
The roles of BTIM senior portfolio manager and income strategies credit strategist Jean-Luc Petit and BTIM credit analyst Elizabeth Challenor were made redundant.
"We are working with them to explore alternate opportunities across the group," Gor said.
The reshuffling of resources comes after BTIM combined the income, multi-strategies and macro boutiques of the asset manager into a single division in March.
Gor was appointed at the beginning of June to lead the combined business.
