Aston Hill Asset Management has named Sandy Liang as portfolio manager, taking the lead on the Aston Hill Strategic Yield Fund effective today. Later this year, he will become the president of AHF Capital Partners, a planned newly-created investment management affiliate of the Aston Hill Asset Management.
Liang joins Aston Hill after three years with New York-based hedge fund firm, Cobalt Capital Management. He is also a former senior managing director at Bear, Stearns & Co.
“We are pleased to welcome Sandy to Aston Hill,” said Ben Cheng, chief investment officer of Aston Hill Asset Management. “He is a strong addition to our investment team with extensive experience managing investments including high yield bonds, convertible debt and institutionally traded bank loans in the U.S. and Canada.
“This appointment is timely because high yield debt and convertible bonds are attractively valued and well-positioned to provide Canadian investors with high income, accompanied by less risk than equity investments.”