Barclays Capital has expanded its Asia research footprint announcing the appointment of Peter Redward as head of rates research for emerging Asia. In the newly created post in Singapore, Redward will lead the bankÆs emerging Asia macroeconomic, foreign exchange and local market strategy research.

He will report to Jon Scoffin, Barclays Capital's head of Asian research, and to Phil Suttle, the bank's global head of emerging markets research. The move follows the June announcement of the expansion of ScoffinÆs responsibilities to include leadership of the broader Asian research team.

Redward joins Barclays Capital from alternative investment institution Citadel in London. For Citadel, he managed EMEA and Asian FX portfolios. Prior to this, he spent seven years at Deutsche Bank, where he was involved in building its Asian FX strategy product. Outside of these roles, Redward has also worked for the Reserve Bank of New Zealand, which included a secondment to the Bank of Finland.

ôThis appointment is an important cornerstone of our plans for research in Asia and should help to increase our traction with active money managers, as well as strengthen our product suite," says Scoffin. "Asian economies, currencies and local markets are garnering the increasing attention of regional and international investors alike. I am looking forward to working with Peter in building a leading-edge and fully client-facing Asian economic and strategy product, that is also an integrated component of our global research offering."