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Schroders nabs AMP fixed income specialist

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By Jessica Penny
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3 minute read

The asset manager has appointed a fixed income and multi-asset investment director for its Australian business.

Schroders Australia has welcomed Pierre Wu as fixed income and multi-asset investment director, responsible for overseeing investment product strategy and development in the fixed income and multi-asset teams.

Based in Sydney, Mr Wu will report to Schroders head of product, solutions and client delivery, Natalie Morcos.

He brings two decades of experience in financial services to the role, across investment management, manager research and consulting.

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Mr Wu joins Schroders from AMP, where he was an investment manager responsible for investment strategy development, manager selection and portfolio construction across the firm’s fixed income portfolios.

Additionally, he was the lead strategist tasked with sharing fixed income and credit views at the fortnightly asset allocation forums.

Before his three-year stint as an investment manager, Mr Wu spent seven years with AMP Capital as a diversified funds manager and senior investment specialist.

His experience also includes roles at van Eyk Research, IOOF Investment Management and State Street Global Advisors.

Commenting on the recent appointment, Ms Morcos said that Mr Wu’s experience across fixed income and multi-asset made him a good fit for the team and an attractive prospect for Schroders.

“Pierre’s expertise will be instrumental in helping drive our investment strategies, evolve our product set, and in delivering exceptional outcomes for our clients,” Ms Morcos explained.

“Investment strategy development, manager selection and portfolio construction are critical components of our business, and we are looking forward to having Pierre join us to bolster these capabilities.”

Mr Wu holds a master of commerce and bachelor of commerce, both from UNSW. He is also a chartered financial analyst.

Last month, Schroders announced the appointment of Sebastian Mullins to the role of Australian head of multi-asset, having served as deputy head of multi-asset since February 2022.

Mr Mullins succeeds Simon Doyle, who was promoted to chief executive officer, alongside his ongoing role of chief investment officer, in July.

At the time of the announcement, the firm also said it expected to recruit additional talent to its multi-asset team.