Austock Asset Management has hired Brad Bugg into its Sydney-based fixed income team.
Joining as a senior investment analyst under Austock High Yield Fund portfolio manager Doyle Mallett, Bugg fills a gap left by the January departure of former Austock managing director Sam Rist.
Bugg, who has over 13 years' experience, will specialise in the credit analysis of securities for the High Yield Fund and all other yield-based mandates.
"Brad brings a very extensive domestic and international credit experience that will greatly strengthen our product offerings," Mallett said.
Bugg's most recent role was at ANZ Investment Bank as a senior credit analyst. He also spent seven years in London with Dresdner Kleinwort Wasserstein.