M&G selects Joe Sullivan-Bissett as fixed income investment director

The former lead investment specialist joined M&G from Amundi this summer

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M&G has appointed Joe Sullivan-Bissett, current lead investment specialist on M&G’s Global Macro strategies and sterling credit funds, as investment director of fixed income.

Sullivan-Bissett joined M&G in July from Amundi, where he was an investment specialist for the global fixed income team starting in 2023. Previously, he spent over nine years with Insight Investment.

In his new role, Sullivan-Bissett will report to David Parsons, head of fixed income investment specialist team.

“Joe’s fixed income experience will be invaluable as we help clients navigate financial markets in the current macroeconomic backdrop,” Parson said.

“He joins at a time where we expect significant opportunities to materialise for our clients within bond markets as the rate cycle starts to move. I look forward to him playing an integral role in sharing the fund management team’s views and insights with clients.”

See also: HSBC appoints Pierin Menzli as global CIO of equity

M&G’s fixed income team manages over £137bn in assets, with teams across the UK, Europe, US, and Asia.

Sullivan-Bissett added: “I’m excited to have joined M&G’s highly regarded fixed income division, whose capabilities are renowned within the industry, not least its deep heritage and long track record of delivering best-in-class solutions to investors. I’m looking forward to bringing my ideas and experience to a team which has consistently delivered outstanding performance to clients over many years.”

The fixed income team also brought in Riccardo Cumerlato earlier this year, who will focus on fundamental credit strategies, and promoted Henry Bullamore to investment director, now with almost a decade of experience at M&G.