JP Morgan Asset Management (JPMAM) is expanding its Asia fixed income team with two new investment professionals joining in Hong Kong, the company announced.
Tony Xiao, previously from HSBC Asset Management, has joined as Asia fixed income credit analyst, and portfolio manager Julio Callegari has relocated from JP Morgan’s Brazil office to Hong Kong.
Specializing in the oil and gas and industrials sectors, in his new role Xiao will be responsible for conducting analysis, assessing securities and supporting investment decisions across Asia Pacific and emerging market credit.
He was with HSBC for close to four years as senior credit analyst. Prior to that, he worked at Taikang Asset Management in a similar capacity.
Callegari, on the other hand, joined JP Morgan in 2004, most recently serving as strategist and head of the Brazil fixed income desk for the emerging markets debt group.
In Hong Kong, as lead portfolio manager for Asia local rates and FX, he will be responsible for overseeing the Asia local sovereign bond investment strategy, currency strategy and security selection.
Funds on which Callegari will be named as portfolio manager will be announced in due course, JP Morgan said, adding ‘Callegari will report locally to Hong Kong-based Shaw Yann Ho, head of Asia fixed income.’
JP Morgan's Asian fixed income team manages over $9 billion in the region.