Western rebuilds Asia investment team

Fixed-income firm Western Asset has replaced the bulk of its Asian investment team in Singapore and added to it, following the departures of several analysts and portfolio managers over the past year or so. Lian Chia-Liang, Asia head of fixed income, said in March that the firm was expanding its investment team to nine from six, and it has now almost completed the process. Desmond Soon started on June 29 as a senior portfolio manager, having moved from ST Asset Management in Sin…