Posted inPeople Moves

Eastspring announces trio of fixed income hires in Singapore

Clement Chong, Benedict Phua and Jamie Tay have all recently joined the asset management arm of Prudential.
Clement Chong Eastspring fixed income

Eastspring Investments, the asset management arm of Prudential, has announced three new hires for its Singapore-based fixed income team.

Clement Chong (pictured) joined Eastspring in December 2022 as credit manager, reporting to Danny Tan, head of fixed income. He oversees the credit research team and co-manages the Eastspring Asia Sustainable Bond Fund alongside portfolio manager Rong Ren Goh.

He was most recently head of research at NN Investment Partners, where he was responsible for the fixed income research process and had managed Asian high yield strategies. He also worked at AIA and Moody’s.

Meanwhile, Benedict Phua joined Eastspring in November 2022 as director of fixed income, reporting to Wai Mei Leong, lead portfolio manager.

Focusing on Asian US dollar credit solutions-based strategies at Eastspring, Phua has 16 years of industry experience with Standard Chartered and DBS, of which 14 were managing fixed income credit and rates portfolios across multiple currencies in Singapore and Hong Kong.

Finally, Jamie Tay has joined Eastspring in January 2023 as director and client portfolio manager of the Asian fixed income team and is responsible for bridging the views of the investment team and Eastspring’s clients.

She joins from UBS Asset Management in Singapore, where she was a director covering Asia and China fixed income strategies and has 19 years of investment experience including 10 years in client portfolio management roles covering fixed income strategies.

“We continue to strengthen our fixed income coverage and broaden our capabilities to capture attractive investment opportunities for our clients. The addition of highly talented individuals such as Clement, Benedict and Jamie greatly enhance our FI [fixed income] platform and represent a strong addition to our FI team,” said Danny Tan, head of fixed income at Eastspring Investments.

Part of the Mark Allen Group.