HSBC Global Asset Management appoints Elizabeth Allen as director and head of credit research
She will head the Asia-Pacific operations, effective immediately.
In a release, HSBC Global Asset Management announced the appointment of Elizabeth Allen as Director and Head of Credit Research, Asia-Pacific, with immediate effect.
Based in Hong Kong, Ms Allen leads the credit research team which is responsible for providing credit analysis and supporting bond selection for the Asian bond portfolios. Ms Allen reports to Cecilia Chan, Chief Investment Officer of Fixed Income, Asia-Pacific.
Cecilia Chan, CIO of Fixed Income, Asia-Pacific, HSBC Global Asset Management, said: “The Asian bond market has grown rapidly in recent years with the rise of the Asian high yield bonds and RMB bonds as the key developments. These have resulted in a higher level of requirements for credit research, which forms an important part of our investment process and is the key contributor to outperformance. Elizabeth’s strong background in the credit industry will help to further strengthen our Asian bond capability to capture the growing opportunity in this asset class.”
Ms Allen has over 15 years of industry experience. Prior to joining HSBC, she was Vice President, Senior Credit Officer at Moody’s Investors Service where she focused on analysing Asian companies across sectors, countries and credit spectrum. Before that, she worked for Fitch Ratings, Credit Suisse First Boston and other financial institutions. Ms Allen holds a Masters in Finance from London Business School and a Bachelor of Commerce from the University of Western Australia.
The Asian fixed income team of HSBC Global Asset Management has around US$25 billion of assets under management, making it one of the largest Asian bond managers in the region. HSBC Global Asset Management won the Asian Bond House award for three consecutive years during 2009-2011.