Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Aberdeen's head of convertibles departs for BlueBay

Aberdeen's head of convertibles departs for BlueBay

Aberdeen's convertibles head Pierre-Henri de Monts de Savasse has left the company to join BlueBay.

He is set join BlueBay in July as a portfolio manager on its convertibles team.

De Monts de Savasse was head of the team that manage the offshore €320.5 million Aberdeen Global II - European Convertibles Bond fund, which in three years to the end of April returned 4.2% compared with a 6.2% return for the UBS European Convertible Bond benchmark.

Thomas Perez has been appointed head of convertibles at Aberdeen following the departure, having worked alongside de Monts de Savasse for around nine years.

'Thomas is the natural choice to succeed Pierre-Henri, and thus he also ensures that the investment process will not change. He will continue to work alongside Ivan Nikolov with the intention of recruiting a third member to the team,' an Aberdeen spokesperson said. 

Commenting on de Savasse's hire, Mike Reed, a senior fund manager at BlueBay, explained: 'Pierre-Henri brings with him a wealth of experience and was responsible for the successful performance of the convertible fund at his prior firm.' 

Perez joined Aberdeen in 2009 following the acquisition of certain asset management businesses from Credit Suisse Asset Management, where he was a fixed income quantitative analyst, with a focus on convertible bonds.

Prior to Credit Suisse, Thomas worked for Gartmore Investment Management as an analyst on a convertible bond hedge fund. 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter