Capital Group has announced that Álvaro Peró Gala (pictured) has joined the firm as its new fixed income investment director.
The firm said Peró Gala will be based in London and report to Scott Steele, head of the fixed income asset class in Europe and Asia. He is joining Capital Group from PIMCO, where he served as vice president.
Mario Gonzalez, head of Iberia and US offshore business at Capital Group, said: “It remains an ongoing priority for us to ensure that our clients always receive a first-class level of service, with access to well researched investment opportunities. The Iberia and US offshore markets are of strategic importance to Capital Group, and we are delighted to welcome Alvaro as we work closely together to deliver our fixed income capabilities to investors across the region.”
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Peró Gala’s LinkedIn page indicates that he spent just over five years at PIMCO. His appointment at Capital Group began this month. Two days ago, he posted that he was looking forward to working with clients across the EMEA region.
Capital Group said the appointment underscored its commitment to strengthening its investment capabilities and delivering fixed income solutions to its customers. The firm said that Peró Álvaro’s extensive experience and deep knowledge of the bond market will be instrumental in supporting Capital Group’s growth ambitions in Europe and enhancing its service to clients in the region.
Peró Gala said: “I am delighted to join a company with a differentiated investment process, a track record of strong performance and a track record of over 50 years of investing in fixed income.”
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He added: “Despite economic uncertainties, the global fixed income market offers considerable potential. I look forward to meeting with clients to offer Capital Group’s global fixed income products and solutions to help them meet their long-term investment objectives.”
