Aberdeen Asset Management has appointed Victor Rodriguez to head its Asia-Pacific fixed income business, with Nick Bishop to take over Australia's fixed income team. He and Rodriguez will continue to work closely together.
Due to the change, Anthony Michael has decided to leave the business with immediate effect after spending the last six years as head of Asia-Pacific fixed income in Singapore and 18 years with the company.
Rodriguez will spend more time in Asia as the year progresses, permanently moving to Singapore at the end of this year. He will then involve himself with the Australian fixed income strategy teams.
"Victor is a widely respected investor and his new role is an endorsement of his ability as a fixed income manager and his success in building a strong and stable team in Australia," Aberdeen managing director Brett Jollie said.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.