AMP Capital has hired a new senior fixed income portfolio manager as Andrew Lally moves to Australian equities.
Investment manager AMP Capital Investors has made a series of appointments to its fixed income team, bringing the total number of investment professionals in the group to 24.
The company appointed Sonia Baillie as senior portfolio manager in the fixed income team.
Baillie joins AMP Capital from Nomura, where she was most recently the head of credit desk analysts. She also held roles with UBS Global Asset Management, Colonial First State Investments and Westpac Financial Markets.
She will lead the fixed income team's credit research, which includes a team of eight credit analysts responsible for security selection across AMP Capital's $30 billion fixed income business.
Her new job begins in October and she will report to head of credit markets Jeff Brunton.
She replaces fixed income senior portfolio manager Andrew Lally, who will move to AMP Capital's Australian equities team in October.
Lally will join the team as a senior analyst and will cover the energy, infrastructure and utilities sectors.
AMP Capital also made several appointments to its credit research and analysis team, which sits within the larger fixed interest team.
Steven Hur has been hired as portfolio manager in the credit research and analysis team.
Hur comes from Schroders, where he was a credit analyst and covered mining, oil and gas, gaming, beverages, healthcare, and transport and infrastructure stocks.
He will join the team in September.
Tim Jarvis has been appointed as an analyst in the credit research and analysis team. Jarvis comes across from AMP Capital's Asian real estate securities team, where he was an investment analyst in Singapore.
He will spend half his time covering Asian property stocks.
The new appointments follow the expansion of the credit research and analysis team earlier this year.
In May, Veronica Raic joined as a credit analyst. Raic came from Westpac, where she was market analysis manager.
In February, Joyce Yu was appointed as fixed income analyst.
Yu joined the team after completing AMP Capital's graduate program and will be responsible for portfolio risk analysis.
"The fixed income team continues to expand its depth and breadth of experience, which allows us to meet increasing offshore client demand," AMP Capital head of fixed income Mark Beardow said.
AMP is currently looking for an additional portfolio manager to join the credit research and analysis team.
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