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Schroders appoints head of Asian fixed income

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Schroders has appointed Rajeev De Mello as Head of Asian Fixed Income with effect from 1 July. De Mello. who will be based in Singapore, will oversee Schroders’ Asia ex-Australia fixed income investment teams, which includes professionals in Singapore, Hong Kong, Tokyo, Jakarta, Seoul and Taipei. 

Rajeev joins from Western Asset Management (WAM) where he was Country Head of Singapore, Senior Investment Officer and member of the Global Investment Strategy Committee. There he drove WAM’s growth in Asian local currency strategies as lead portfolio manager. Previously, as Executive Vice President and Head of Asian Fixed Income at Pictet Asset Management, Rajeev led the firm’s expansion into Asia and successfully managed absolute return and long only funds. 

How Phuang-Goh, currently Head of Asian Fixed Income, has decided to retire from the industry after 17 years with Schroders, and will be leaving the firm in September.

Karl Dasher, Global Head of Fixed Income at Schroders, says: “We thank How Phuang for his many years of leadership, helping to establish Schroders as a leading fixed income manager in Asian local bonds. We also welcome aboard Rajeev, who brings to us a great combination of team management skills and a demonstrated ability to consistently deliver superior investment performance as a portfolio manager. We are seeing increasing demand from investors globally for access to the rapidly developing Asian bond markets; and we are experiencing increased demand from Asian investors for diversified global bond strategies. Rajeev is the perfect fit for us as we move to the next stage of our development in Asia. Rajeev and How Phuang are committed to a seamless management transition and our entire team is focused on delivering competitive long term performance for our clients.”

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