Husain, currently director of European fixed income and UK and European portfolio management at Alliance Bernstein, will join the T Rowe Price London office at the end of August.
During his time at Aliliance and Bernstein he managed global multi-sector and global government portfolios, and oversaw European credit, European high yield, UK/European short duration and UK fixed income products.
The appointment follows Kelson’s decision to reduce his management responsibilities.
The T Rowe Global Aggregate Bond is under his jurisdiction and has been since its inception in 2001. The £87m, Luxembourg-domiciled fund currently has 40% of its holdings in US dollars. Its performance over the past year is shown in the graph.
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A number of fixed income hires have been announced this week. Yesterday M&G revealed that it had hired high yield specialist Andrius Isciukas and earlier today Newton unveiled its latest recruit, another high yield specialist, Khuram Shariah.
