De Mello will oversee Schroders’ Asia ex-Australia fixed income investment teams, which includes professionals in Singapore, Hong Kong, Tokyo, Jakarta, Seoul and Taipei.
He joins from Western Asset Management (WAM) where he was country head of Singapore, senior investment officer and member of the Global Investment Strategy Committee.
Previously, De Mello was executive vice president and head of Asian Fixed Income at Pictet Asset Management.
He succeeds How Phuang-Goh, whi has decided to retire from the industry after 17 years with Schroders, and will be leaving the firm in September.
Schroders global head of Fixed Income Karl Dasher said they are seeing increasing demand from investors globally for access to the rapidly developing Asian bond markets; and are experiencing increased demand from Asian investors for diversified global bond strategies.
"Rajeev is the perfect fit for us as we move to the next stage of our development in Asia. Rajeev and How Phuang are committed to a seamless management transition and our entire team is focused on delivering competitive long term performance that meets client objectives," Dasher said.
