Gregg Diliberto was named global head of fixed income at HSBC Asset Management, effective Aug. 16. He will oversee the firm's fixed income teams, comprising 70 professionals globally who manage $100 billion in assets. He replaces Peter Smith, who left to take a "career break," said Sabina Paton, HSBC spokeswoman.
Mr. Diliberto was head of fixed income for Citigroup Asset Management; He left that firm a year ago and was not replaced, said Mary Athridge, Citigroup spokeswoman. Mr. Diliberto couldn't be reached for comment or details.