De Mello will join on 1 July and be based in Singapore where he will oversee Schroders’ Asia ex-Australia fixed income investment teams, which includes professionals in Singapore, Hong Kong, Tokyo, Jakarta, Seoul and Taipei.
He joins from Western Asset Management, where he was the country head of Singapore, a senior investment officer and member of the Global Investment Strategy Committee. Prior to this, he was executive vice president and head of Asian Fixed Income at Pictet Asset Management, where he led the firm’s expansion into Asia and managed absolute return and long only funds.
Karl Dasher, global head of fixed income at Schroders, said the company was seeing growth within the bond sector.
“We are seeing increasing demand from investors globally for access to the rapidly developing Asian bond markets; and we are experiencing increased demand from Asian investors for diversified global bond strategies."
