Chris O’Malley started out at stockbroker Phillips & Drew in 1974 at a time when the debt side of the firm was dominant. In part, this was down to the winning of a big contract for the Mars pension fund, which insisted on a first-class gilts operation.
O’Malley started in short gilts, before moving into local authority bonds. But by 1977 he would be on the move.
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Chris O’Malley |
“I was in line to move onto the long gilt desk, but then the firm hired Philip Howard from Deltec, one of the original Eurobond trading houses, and I was offered the opportunity to join him to set up a new international bond business for the firm,” says O’Malley.
