Tóth was a former portfolio manager at Munich Re & Ergo Asset Management responsible for emerging market fixed income assets, and joins the Macquarie team in Vienna reporting to Stefan Löwenthal, CIO of global multi-assets.
The firm aims to use Tóth’s past experience in emerging markets and FX to help run the multi-asset portfolios and contribute investment views to the Global Multi-Asset Absolute Return strategy.
Löwenthal, said: “We are extremely pleased to welcome Gyula to the team. Understanding the major drivers and dynamics within markets is central to our multi-asset strategy, and Gyula brings valuable experience from managing emerging markets portfolios. His insight will help us to continue to add value for our clients, by taking active and timely asset allocation decisions.”
Tóth was previously managing director at Ithuba Capital, running its global macro fund, and spent seven years at UniCredit following stints working at the National Bank of Hungary and the European Central Bank in Frankfurt.
