Simon Lue-Fong was appointed head of Vontobel's fixed-income boutique and a member of the asset management executive committee, effective Thursday.
Mr. Lue-Fong replaces Herve Hanoune, who will focus on global flexible bonds and become deputy head of the boutique, a spokesman said. Mr. Hanoune's portfolio management responsibilities will not change.
The fixed-income business includes London-based TwentyFour Asset Management and has a total $45 billion in assets under management.
Mr. Lue-Fong is based in Zurich.
"The appointment of Simon Lue-Fong exemplifies our commitment to hiring top talent and developing our investment capabilities. He has a strong track record of building sustainable franchises. He is both a high-caliber investor, as well as having served many different client segments globally," Axel Schwarzer, head of Vontobel Asset Management, said in a news release.
Mr. Lue-Fong was head of Pictet Asset Management's emerging markets fixed-income franchise. He left the firm in 2018. A spokeswoman said Mary-Therese Barton, who had worked with Mr. Lue-Fong, became head of emerging debt at Pictet Asset Management in May 2018.
