Former Aberdeen Standard fixed income head founds consutancy

Former Aberdeen Standard Investments head of Australian fixed income, Nicholas Bishop, has teamed up with Stephen Fang to found management and investment consultancy Bishop & Fang.

Bishop joined Aberdeen Standard Investments in 2007 as a senior investment manager. He left in 2019 and spent a year as managing director of Gresham.

In comments to Financial Standard, Bishop said the new firm would support corporates looking to optimise their capital structure, public sector clients, and local and overseas credit funds looking for expertise in specialist situations. "We are looking to provide institutional caliber service in a more nimble fashion than you would get from the big four style firms," said Bishop.

"We are doing some specialist work for a public sector client. We can also help our credit funds or lenders in special situations, for example when [and asset] is exhibiting some distress and those lenders want to be prepared for the potential outcomes."

Reporting from Kanika Sood at Financial Standard contributed to this story.