Capital Group hires fixed income veteran to boost unit

Capital Group has appointed Peter Becker as fixed income director in Europe with the aim of boosting the firm’s push into fixed income funds.
Becker, to be based in London, will work alongside Jeremy Cunningham joining a team of 150 fixed income specialists. He will be responsible for helping to grow Capital Group’s push into bond funds.
Becker joins Capital Group from Wellington Management, where he started working in 2009. Prior to that, he worked as a fixed income portfolio manager at Aberdeen Asset Management, and formerly worked at Fischer Francis Trees & Watts and HSBC Global Asset Management.
Becker’s appointment coincides with Capital Group’s long-term ambition to open out its existing fixed income fund range to European investors.