Aberdeen Standard Investments (ASI) has appointed Garreth Innes as the head of Australian fixed income. Innes joined the Australian fixed income team in 2011 and has over 10 years of industry experience. He has a strong background in macro credit strategy and global asset allocation, coupled with extensive research experience across investment grade and high-yield corporates.
Innes’ promotion signifies stronger local fixed income leadership while maintaining a robust regional investment management framework under Adam McCabe, head of fixed income – Asia and Australia.
Based in Sydney, Innes will lead a team to manage Australian fixed income portfolios with an active investment approach driven by fundamental research, while contributing local market insights to ASI’s global fixed income mandates.
ASI's global fixed income team collectively manages US$171billion for global clients across a breadth of fixed income solutions, with environmental, social and governance (ESG) principles fully integrated into all investment decision-making.
McCabe says: “In the current low-yield environment, the Australian bond market offers global investors a diversified source of returns, with relatively attractive yields from defensive, quality credits, and supported by strong economic fundamentals.”
