Posted inPeople Moves

Capital Group hires fixed income investment director from Pimco

Álvaro Peró Gala will be based in the firm’s London office.

Capital Group has appointed Álvaro Peró Gala (pictured) as a fixed income investment director.

Peró Gala will join the firm’s investment specialist team, which is responsible for bringing Capital Group’s fixed income offering to retail and institutional clients across Europe.

He joins from Pimco, where he served as vice president and played a role in the firm’s Iberia distribution team.

Based in Capital Group’s London office, Peró Gala will report to Scott Steele, Capital Group’s fixed income asset class lead for Europe and Asia.

Steele said: “We are delighted to welcome Álvaro to the team. He brings a wealth of knowledge and experience in helping clients build diversified portfolios. 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.”

Capital Group currently has over $500bn in fixed income assets under management.

This article was first published in our sister publication, Portfolio Adviser.

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