Capital International hires two

It creates an investment specialist role in Asia, and adds an investment analyst.

Capital International, a unit of the $814 billion fund-management behemoth Capital Group, has hired Andrew Budden in Singapore and Theresa Leung in Hong Kong as investment specialist and investment analyst, respectively.

Budden has just resigned from Watson Wyatt, where he had run its Southeast Asian investment consulting practice, and will start work at Capital the first week of April. His role as investment specialist is a new one. The firm maintains a handful of these positions in the United States and Europe, and this is the first time it will utilize an investment specialist in Asia. The role is to represent the portfolio managers, and describe what is going on in the portfolios...

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