Investment manager AMP Capital has added two portfolio managers to its global fixed-income team in the United States.
The company appointed David Strouse and Patrick Wang as portfolio managers to the credit markets team, which is based in Chicago.
The new hires bring AMP Capital's credit markets team to 14 investment professionals, six of whom are based in the Chicago office.
"Their appointments ... reflect the increased importance of the US as a key market for our clients," AMP Capital head of fixed income Mark Beardow said.
Strouse joined from UBS Global Asset Management in Chicago, where he held various senior investment management roles.
Most recently, he was responsible for analysing and rating the credit quality of corporate debt issuers in the electric power, natural gas/energy, infrastructure and transportation industries.
Wang joined AMP Capital from Aviva Investors in Iowa. He has experience in credit research in telecommunications, media and technology in high-yield and investment-grade assets across core fixed-income portfolios, short-duration high-yield and loan portfolios.
He has also held roles at Seneca Capital Management and Bank of America Capital Management.
Strouse will cover the utilities and pipelines sectors and Wang will cover the telecommunications, media and technology sectors.
Both will report to AMP Capital head of credit markets Jeff Brunton.
