Legal & General Investment Management (LGIM) has appointed former AllianceBernstein director Martin Reeves as head of high yield.

Reeves - who will also become head of high yield at LGIM - will replace David North on the £1.9 billion High Income trust.

The hire will relieve the high yield duties of North, who is currently on extended sick leave, but will remain as head of asset allocation.

At AllianceBernstein, Reeves was director of global credit research for fixed income, and has held a number of previous roles since joining in 1998.

He has previously worked for UBK Asset Management and Ernst & Young and sits on the board of the European High Yield Association.

The fund was managed by credit analyst Claire McGuckin after North went on extended sick leave, prompting Standard & Poor's to put the fund's rating up for tenure review.

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