British fund manager Schroders has expanded its US credit team with three senior appointments to support the growth of its US fixed income business.

The new appointments include David Knutson, Eric Skelton and Chris Eger.

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Knutson has been hired as head of credit research – Americas, succeeding Jack Davis who transitions internally into a senior analyst role.

Based out of New York, Knutson will cover large US banks and will report to Wes Sparks, head of US Credit.

Knutson, who has over two decades of research experience, joined Schroders from Legal and General Investment Management America, where he had been a senior analyst in Fixed Income Research for 10 years.

He also served as director of fixed income research at Mason Street Advisors and in Credit Research and Debt Capital Markets at UBS.

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Eric Skelton has been appointed to the role of US credit trader for US investment grade credit. He will be based in New York, and will join the Global Fixed Income and FX trading team.

He will report to head of trading for Americas Gregg Moore, and will work closely with US Credit Portfolio Managers, Rick Rezek and Ryan Mostafa and the rest of the US Fixed Income trading desk.

Prior to joining Schroders, he worked at Achievement Asset Management as a credit trader.

Chris Eger has joined the US Credit team in a newly created role as portfolio manager.

He will also be based in New York office, and will report to Wes Sparks. He has over 14 years of experience in Investment Grade – in both Trading and Portfolio Management capacities.

Eger joined Schroders from J.P. Morgan Chase, where he held the role of executive director – Credit Trader, Investment Grade Domestic and Yankee Banks.

He also worked at AIG Global Investment Group where he held two vice president positions, firstly as a Credit Trader and then as a Total Return Portfolio Manager.

Schroders North America co-head of fixed income CEO Karl Dasher said: “Investors globally are increasingly attracted to US credit markets in the search for yield and we have been beneficiaries of that trend. To support continued client demand and process evolution, we have made three strategic hires. These additions will further strengthen our in-house research and execution capabilities in the USD credit domain.”