PineBridge Investments has announced Omar Slim and Andy Suen as their new heads of Asia ex-Japan fixed income, according to a company statement.
The pair are replacing Arthur Lau, the current co-head of emerging markets and head of Asia ex-Japan fixed income, who is due to retire in June this year.
“We are fully confident that Omar and Andy, together with the Asia fixed income team, will continue to deliver and exceed our clients’ portfolio expectations,” said Steven Oh, global head of credit and fixed income at PineBridge.
Both new co-heads will report to Oh, who is based in Los Angeles.
They have worked alongside Lau as senior portfolio managers for approximately 10 years in PineBridge’s Asia ex-Japan fixed income team.
Slim has 20 years of experience in the industry and joined the US asset manager in 2013. He is managing director, co-head of Asia ex-Japan fixed income and portfolio manager within the Asian fixed income team, responsible for managing strategies investing in the Asian credit, rates and FX markets.
On the other hand, Suen, who joined PineBridge in 2012, has been in the industry for 15 years. He is the senior vice president, co-head of Asia ex-Japan fixed income and portfolio manager, responsible for portfolio management of Asia credit strategies as well as leading a team of research analysts focusing on the region’s issuers and trends.
The asset manager said the leadership appointments reflect a “deliberate and measured” transition ahead of Lau’s retirement in June.
PineBridge has been investing in Asia fixed income since 1998 with teams based in Hong Kong and Singapore.
As of end of September last year, it has over $13.8bn in asset under management across its Asia ex-Japan bond funds.