RBC BlueBay Asset Management’s chief investment strategist David Riley has retired.
The veteran spent three decades in the industry and joined BlueBay in 2013 as head of credit strategy.
Based in the firm’s London HQ, he went on to become chief investment strategist in February 2019.
He was also a member of the asset manager’s multi-asset credit team and investment committee.
Prior, he worked at Fitch Ratings for over 12 years, leading the global sovereign and supranational rating team. He also served at UBS as a senior economist and worked for HM Treasury as an economic advisor between 1994 and 1997.
In a post published on LinkedIn, Riley said: “I have retired from full-time employment after thirty-plus years of (mostly!) enjoyable and challenging roles as an economist, policy advisor, sovereign credit analyst and investment strategist in the public and financial sectors.
“As well as enjoying more time with family and friends, I am looking forward to new and interesting ways I can use the experience and expertise I have gained during my career.”
Riley’s role will not be immediately replaced.
In a statement, BlueBay said: “At present, we believe the evolution of our investment platform continues to support our clients’ needs, despite David’s departure. Where appropriate, David’s responsibilities have been redistributed amongst colleagues across the investment team.”
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