Morgan Stanley (NYSE: MS) Hires Former HSBC Executive (NYSE: HBC) As New Head of Asia Rates Strategy

Morgan Stanley (NYSE: MS) has appointed a former HSBC Holdings PLC (NYSE: BC) executive as its new head of Asia Rates Strategy, excluding Japan.

The firm has announced that it has hired Pieter Van Der Schaft as its new head of Asia ex-Japan Rates Strategy.

Van Der Schaft recently joined Morgan Stanley on May 17th, where has has been working in the company’s fixed income research team. He had previously served head of Asian local rates strategy at HSBC.

Van Der Schaft will report to Jim Caron, Morgan Stanley’sNew York-based head of global interest rate and currency strategy, and in Hong Kong to Viktor Hjort, who is head of fixed income research for Asia ex-Japan.