Aberdeen Standard Investments (ASI) has promoted Garreth Innes to head of Australian fixed income.
He would lead an experienced team to manage Australian fixed income portfolios with an active investment approach with fundamental research while contributing local market insights to ASI’s global fixed income mandates.
Based in Sydney, he would maintain a regional investment management framework under Adam McCabe, head of fixed income – Asia and Australia.
“In the current low-yield environment, the Australian bond market offers global investors a diversified source of returns, with relatively attractive yields from defensive, quality credits, and supported by strong economic fundamentals,” McCabe said.
“Our fixed income team has a track record of generating alpha across different market cycles, as evidenced by the growing interest from domestic and regional investors in our Australian bond strategies.”
Ines joined the Australian fixed income team in 2011 and had over ten years’ industry experience with a background in macro credit strategy, global asset allocation and research experience across investment grade and high yield corporates.
“Garreth’s appointment further reinforces our commitment to developing innovative fixed income solutions to meet our clients’ evolving long-term investment needs,” McCabe said.