Schroders hires former AMP investment director
Schroders has hired Pierre Wu as fixed income and multi-asset investment director.
He will report to Natalie Morcos, head of product, solutions and client delivery, and be based in Sydney.
In the role, he will be responsible for overseeing investment product strategy and development in the fixed income and multi-asset teams.
Former investment director for fixed income and multi-asset at Schroders, Adam Kibble, was appointed to the role of fund manager in March 2023. He was also appointed as co-portfolio manager on its Schroder Real Return fund.
Wu joins the asset management company from AMP, where he worked as an investment manager responsible for investment strategy development, manager selection and portfolio construction across the firm’s fixed income portfolios.
He was also the lead strategist tasked with sharing fixed income and credit views at the fortnightly asset allocation forums.
He spent seven years at AMP Capital then three years at AMP, from 2013 to 2023, and previously worked at van Eyk Research as an analyst and asset consultant, and as an analyst at IOOF Investment Management.
Morcos said: “Pierre’s expertise will be instrumental in helping drive our investment strategies, evolve our product set and in delivering exceptional outcomes for our clients.
“Investment strategy development, manager selection and portfolio construction are critical components of our business, and we are looking forward to having Pierre join us to bolster these capabilities.”
Last month, Schroders appointed Simon Doyle as its new chief executive for Australia, taking over from Sam Hallinan who had led the business since April 2021. This was in addition to Doyle’s role as chief investment officer which he has held since last February.
His role as head of multi-asset was taken over by Sebastian Mullins, who had worked as deputy head of multi-asset under Doyle since February 2022 and worked at Schroders since 2019.
AUTHOR
Laura Dew
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