HSBC Global Asset Management has appointed Mary Bowers as a senior global high yield fund manager.
Bowers will manage the $1.1bn HSBC GIF Global High Yield Bond fund and the recently launched HSBC GIF Global Short Duration High Yield Bond fund, which has $20m in assets, as part of the asset manager’s New York-based global fixed income team.
She joins from Aberdeen Asset Management/Artio Global Investors (formerly Julius Baer Asset Management) in New York, where she spent 10 years in global high yield portfolio management, co-managing approximately $4bn of high yield assets.
HSBC Global Asset Management global chief investment officer, fixed income, Xavier Baraton said: “Mary’s hire reflects a strengthening of HSBC Global Asset Management’s US and global high yield resources based in New York, and very much complements our existing high yield capabilities in the US, Paris and Hong Kong.”
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