Barings appoints head of Asian debt

02 May 2012   Category: News, Asia, Hong Kong  

Baring Asset Management has appointed Sean Chang to the role of head of Asian debt. He will be based in Hong Kong and report to Alan Wilde, head of fixed income and currency and Wilfred Sit, chief investment officer, Asia.

Mr. Chang will be lead manager on the Baring Asian Debt Fund subject to regulatory approval, as well as managing all other Asian debt investments across the firm.

He joins Barings from HSBC Global Asset Management (formerly Halbis Capital Management) where he was an investment director since 2007, responsible for managing both retail and institutional Asian debt portfolios, including Hong Kong, China and North Asia strategies. Mr. Chang has over 16 years of fixed income investment experience in Asian markets, which includes senior fixed income investment management roles at Mirae Asset Global Investment Management, Hang Seng Investment Management and INVESCO Asia Limited.

Mr. Wilde said: “We are very pleased to welcome Sean to the team here at Barings at such an interesting time for this asset class. We believe Asian currencies in general should appreciate against developed market currencies and Asian debt will provide superior risk-adjusted returns and diversification benefits. As credit quality continues to improve we believe that Asian debt will increasingly assume the role of US Treasuries in the asset allocation decisions of regional investors.

“Sean’s vast experience of managing Asian debt both in regional and global products will be a great addition to our global team. He has an excellent track record and we look forward to him using his knowledge and skills to support our growth in this area.”