Chockalingam (pictured) joins Hermes not long after being snagged by Jupiter. She and former Janus Henderson analyst Reza Karim were hired by the FTSE 250 manager last June to beef up the firm’s emerging markets fixed income capabilities.
Prior to this, she spent 13 years at JP Morgan in London as a sellside credit analyst covering emerging market and European corporates. Following this, she joined Ontario Teachers’ Pension Plan, where she was a portfolio manager for the firm’s emerging markets assets, investing in all aspects of the fixed income universe, including corporates, sovereigns and derivatives.
In her new role, she will help manage the performance and risk of existing emerging market allocations across all liquid credit strategies, including the Hermes Unconstrained Credit Fund, which launched in May 2018. Hermes’ liquid credit range is currently five funds strong.
Based in London, Chockalingam will report into Fraser Lundie, co-head of credit and manager of the Unconstrained Credit fund.
Lundie said: “I am pleased to welcome Nachu, who brings significant experience of the emerging market debt sector to an already strong and talented team.
“Her appointment underlines the importance of this asset class across our global credit strategies, where we continue to look for attractive opportunities that meet the long-term needs of investors.”
Chockalingam added: “The flexibility and strong risk management demonstrated across its liquid credit strategies, coupled with high levels of ESG integration and security selection makes the Hermes credit team stand out in the industry.
“Emerging markets provide compelling investment opportunities and it is exciting to be working with a truly global and dynamic team to capture superior relative value throughout credit markets.”