HSBC Global Asset Management has announced two more appointments to its Asia fixed income team, following the appointment of Cecilia Chan as chief investment officer for Asia-Pacific.

Elizabeth Allen is named head of Asian fixed income, while Alfred Mui is appointed managing director, head of Asian fixed income investment management. Both will assume their new roles from February 1 2021.

Allen will oversee fixed income research and investment activities in the region, develop the Asian fixed income business, and support the integration within the global fixed income platform.

Currently the head of credit research for Asia-Pacific, Allen has 25 years of industry experience. Prior to joining HSBC in 2011, she worked as a senior credit officer at Moody’s Investors Service’s corporate rating team. She was also involved in investment banking and corporate lending at Credit Suisse First Boston and Standard Chartered Bank respectively.

She will report to Xavier Baraton, Global CIO fixed income, and Cecilia Chan, Asia-Pacific CIO.

Mui will be leading portfolio management activities for Asian fixed income assets and ensuring best investment process alignment and execution. Currently head of Asian credit, Mui has 25 years of industry experience, 17 of which are with HSBC. He will report to Chan and Allen.