IOOF is pleased to announce the appointment of Osvaldo Acosta to the newly created position of Portfolio Manager, Fixed Interest.
Mr. Acosta joins IOOF from Western Asset Management, where he was responsible for managing the trading of fixed income securities, and implementing interest rate strategies across a number portfolios, including core fixed interest and global mandates.
Commenting on the appointment, IOOF Chief Investment Officer Steve Merlicek said, “The appointment reflects IOOF’s increased funds under management in this area and the need to split the management of the cash and fixed income portfolios.
“Osvaldo will be a great addition in this space with significant experience in both cash and fixed interest. He has pathed a successful career in investment management, having held various roles at Australian Unity and within Treasury functions.
“We are delighted Osvaldo is joining the IOOF Investment team. Osvaldo will enhance our capabilities in this space and will assist us in continuing to drive our award-winning performance going forward.”
Mr. Acosta will work closely with Juanita Escobar, former Portfolio Manager, Cash and Fixed Income. Ms. Escobar will continue to run the outperforming cash funds as Portfolio Manager, Cash.
Mr. Acosta is based in IOOF’s Melbourne office.
