A former manager of NSW Treasury Corporation’s in-house fixed income portfolio has taken a senior role at Colonial First State Global Asset Management.

Annette Mullen will join CFS GAM on October 27 as a senior portfolio manager in the fixed interest and credit team, after spending eight years at T Corp. Mullen will assume overall management responsibility for credit funds and also work with François Kong and Warren Bird on the management of inflation-linked portfolios and active sector allocation processes, according to CFS GAM head of business development Tony McFadyen.

Mullen had moved to a client service role at T Corp earlier this year, after spending the majority of her tenure managing a range of fixed income and cash assets, including a stint as portfolio dealer for the issuance of NSW Treasury Corporation debt and management of the hedging of floating rate funding.

After Mullen moved to client service, her debt oversight responsibilities shifted to Vicky Gibson, who absorbed them into her asset management role. All continued to report to the general manager of treasury, Mike Allen.

The chief executive of T Corp, Stephen Knight, said a decision on how to replace Mullen would await further internal restructuring.

At CFS GAM, Mullen is filling the role vacated by Tony Adams, when he was promoted to head of fixed interest and credit in March following incumbent Tony FitzGerald’s announcement that he would retire this December.

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