After an eight-month hunt Austock has finally filled the hole in its fixed interest team.
Austock Asset Management has hired Brad Bugg into its Sydney-based fixed income team.
Joining as a senior investment analyst under Austock High Yield Fund portfolio manager Doyle Mallett, Bugg fills a gap left by the January departure of former Austock managing director Sam Rist.
Bugg, who has over 13 years' experience, will specialise in the credit analysis of securities for the High Yield Fund and all other yield-based mandates.
"Brad brings a very extensive domestic and international credit experience that will greatly strengthen our product offerings," Mallett said.
Bugg's most recent role was at ANZ Investment Bank as a senior credit analyst. He also spent seven years in London with Dresdner Kleinwort Wasserstein.
Retirees face the risk of running out of money. We asked Macquarie Funds Group's head of longevity risk solutions Andrew Robertson how this can be avoided.... Watch»
Many in the industry would have been bogged down in submissions given the plethora of government reviews. Next year it will be the government's turn to act on the reviews. ... read more »
Home delivered!
Daily news, weekday mornings
Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.