Paris-based asset manager Amundi has shuffled its bond heads in Singapore, following the transfer of Philippe Jauer, formerly Asia chief investment officer for global fixed income and FX, to a new role in Europe.
The firm has promoted Philip Chow (pictured below), previously Singapore-based head of global fixed income, to succeed Jauer. It has also hired Wan Howe Chung as head of Asia fixed income from Standish Mellon Asset Management. He joined Amundi on August 22 and reports to Chow and Sergei Strigo, head of emerging market debt.
Jauer started in Paris last month as head of euro absolute-return strategies after eight years in Asia. He reports to Marie-Anne Allier, head of euro aggregate fixed income and deputy head of fixed income. Amundi did not respond by press time to a query about whom Jauer had replaced.
Wan has 12 years of experience in global bond markets covering rates, credit and FX in public and private institutions. At Standish Mellon, he was the portfolio manager of Asian fixed income funds out of Singapore. Before that, he spent six years with the Monetary Authority of Singapore, where he was lead portfolio manager of global fixed income in both London and Singapore.
Chow joined Amundi in December 2012 and prior to that was Asia head of fixed income at Axa Investment Managers based in Singapore. Before joining Axa in July 2007, he worked for several firms in London, including F&C Asset Management, WestLB Mellon Asset Management and Threadneedle Investments.