Nomura Asset Management has appointed Richard Hastings as the firm’s new client portfolio manager, following a 12-year career at Goldman Sachs Asset Management.

In his new role, Hastings (pictured) will be responsible for client portfolio coverage of the firm’s Global Dynamic Bond fund, as well as the firm’s broader fixed income capabilities, such as Corporate Hybrid bonds.

Hastings will report to Mari Nakamura, senior managing director and CEO of Nomura Asset Management UK.

Nakamura said: “With his extensive experience in fixed income, Richard will strengthen our client engagement strategy and enable our investment managers to dedicate more time to delivering superior returns.”

Hastings added: “Market volatility in the first half of 2026 has highlighted the value of portfolio diversification and active management.

“Investors are increasingly seeking managers who can deliver alpha from this market environment while navigating complex geopolitical and economic risks.”

During this time at Goldman Sachs, Hastings served as the client portfolio manager for the EMEA investment-grade credit portfolios and coverage of the emerging market debt strategies.

This article first appeared in our sister publication, Portfolio Adviser.