Nomura boosts fixed-income leadership ranks

Nomura has hired former hedge fund portfolio manager Rig Karkhanis to a new position as head of fixed-income Singapore.

Karkhanis had only been with his previous employer, Millenium Partners Hedge Fund, since July 2009 before being targeted by Nomura to enhance its fixed-income business in Singapore. His focus will be on foreign exchange, interest rates, credit and commodities and he will be servicing Asia ex-Japan clients.

Before his short stint with Millennium Partners, Karkhanis worked with Merrill Lynch as head of rates and currencies sales and trading for the Asia-Pacific Rim. Prior to that, he spent 10 years with Deutsche Bank in Europe and Asia, across various foreign exchange options trading roles.

The...