Swiss firm Vontobel Asset Management has hired Mondher Bettaieb as new head of corporate bonds.

Bettaieb, who joined Vontobel in 2010, has served as a founding member of the corporate-bond team and is also responsible for the flagship Vontobel Fund – EUR Corporate Bond Mid Yield.

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Bettaieb joined Vontobel from at AXA Investment Managers in London, where he served as a credit strategist. Prior to this, he also worked at Swisscanto Asset Management and Winterthur Asset Management.

Vontobel’s fixed income unit currently manages a total of CHF 10 billion (€8.27 billion) in assets and has 14 investment staff.

Hervé Hanoune, head of Fixed Income at Vontobel Asset Management, said:"Mondher is an inspiring manager who will play a decisive role in strengthening and further developing our successful product line with assets under management of CHF2.5 billion."

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