Threadneedle Says Goldman's Cielinski Will Head Fixed Income From October

Threadneedle Asset Management Ltd. said it hired Jim Cielinski as head of fixed income from Goldman Sachs Group Inc.

Cielinski will join Threadneedle in October to lead a team that manages institutional and retail funds worth 22.6 billion pounds ($34.8 billion) across government bonds, investment grade, high yield, emerging market debt, Treasuries and asset- backed securities, the company said in an e-mailed statement.

Cielinski spent 12 years at Goldman Sachs, most recently as managing director and head of global investment-grade credit, Threadneedle said.

To contact the reporter on this story: Matthew Brown in London at mbrown42@bloomberg.net

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