Schroder Investment Management in London has hired Ted Barac, v.p. and senior credit officer in European corporate bonds at Moody's Investors Service in London, as an associate director in high-yield credit research. He started earlier this month in the newly created position, and reports to Richard Brown, head of pan-European credit research. Brown did not return calls by press time.
At Moody's, Barac focused on high-yield bonds in the technology, media and telecommunications sectors, and reported to David Staples, managing director in European corporate finance. Staples did not return calls by press time.