Nikko Asset Management's global strategist Roger Bridges to retire

Nikko Asset Management's Roger Bridges is retiring from the company.
Nikko Asset Management's Roger Bridges is retiring from the company. Louie Douvis

Nikko Asset Management's long-standing global rates and currencies strategist Roger Bridges is set to retire from the firm at the end of February.

Bridges, who joined in 1998, held various roles at the company starting as a portfolio manager then leading the Australian fixed income team before moving to his current role as interest rates and currencies strategist.

He is well known in fixed income markets after more than 30 years in the industry, which included 15 years with the Commonwealth Bank of Australia in the treasury area as well as time as a financial markets economist.

Bridges is not being replaced. A spokeswoman for Nikko confirmed the upcoming departure on Monday.

She said John Vail, Nikko's global chief strategist, would add Bridges' global interest rate and currency responsibilities to his macroeconomic strategy responsibilities.

In Australia, portfolio manager Chris Rands and his team would continue to conduct research and analysis on the Australian economy and fixed income markets.

Last year, Nikko's Australian fixed income operations were impacted by a global shakeup which included headcount reduction in some markets.

The cuts included two local analysts and a long-standing head of portfolio management, and were part of Nikko's integration of its European, Middle East and Africa and Australia fixed income teams.