Global investment manager PIMCO has hired Adam Bowe as senior vice president of fixed income portfolio management and trading to its team in Sydney.
Bowe will cover trading of government bonds, corporate bonds, swaps and options, and will manage Australian dollar and global portfolios.
He joins PIMCO from Tudor Investment Corporation, where he was responsible for global macroeconomic research and trading.
Bowe has also worked at UBS Global Asset Management, where he was a fixed income portfolio manager for six years.
He will begin with PIMCO on 31 October and will report to PIMCO Australia head of portfolio management Rob Mead.
"Fixed interest portfolios have a vital role to play in meeting the need of ageing investors looking for stable income-related strategies that can immunise them from stock market volatility," PIMCO Australia head John Wilson said.
"By expanding our senior resources, PIMCO is better prepared to meet this growing demand."
