Vontobel appoints Simon Lue-Fong as head of its fixed income boutique

Herve Hanoune will become deputy head

Vontobel Asset Management has appointed Simon Lue-Fong to head its $25bn fixed income boutique, effective 1 October.

He joins following a two year hiatus after leaving Pictet, where he was head of emerging debt. Herve Hanoune, who has been leading the fixed income team, will be Lue-Fong's deputy. Vontobel launches global listed infrastructure fund Vontobel said Hanoune will focus on global flexible bonds and his portfolio management responsibilities will not change. During his 13 years at Pictet, Lue-Fong was responsible for the emerging markets fixed income unit, which he developed from less than $1bn to a $32bn. Axel Schwarzer, head of Vontobel Asset Management, said: "The appointment of ...