Aberdeen Asset Management is transferring Derek Fulton, senior portfolio manager on the firm's London fixed income desk, to Singapore in order to strengthen the firm's Asian fixed income offering.
Fulton runs a global portfolio, and that won't change, he will be doing essentially the same job from Asia. But it is Aberdeen's hope that his global experience will rub off a bit on the local team.
Patrick Corfe, director of marketing in Singapore, says Asian fixed income remains a controversial asset class. Aberdeen believes it is a discrete asset class but many institutions view it as a fringe subset of emerging market debt. Moreover, most Asian institutions, although keen on global...
