Capital Group has appointed a fixed income investment director.
Álvaro Peró Gala joins the firm from Pimco, where he was vice president and played a part in expanding retail and institutional channels.
Peró Gala said: "Despite economic uncertainties, the global fixed income market offers significant potential.
"I look forward to meeting clients to offer them Capital Group’s global fixed income products and solutions to help meet their long-term investment goals.”
Based in London, he will deliver fixed income insights to customers and will report to Scott Steele fixed income asset class lead for Europe and Asia.
Steele said: "His appointment is part of our strategic plan to provide more investors in Europe with access to Capital Group’s long-standing fixed income strategies.
"The return of income to fixed income means investors can now utilise high-quality bonds for attractive yields and future income. Álvaro will be vital in ensuring that our clients leverage these opportunities.”
tara.o'connor@ft.com
What's your view?
Have your say in the comments section below or email us: ftadviser.newsdesk@ft.com
