Moreno, who was head of emerging market debt at the London-based fixed income boutique Rubrics, joins Mirabaud as a senior portfolio manager and will be in charge of EM debt.
The new fund he will be involved in at Mirabaud takes an unconstrained, global macro top-down approach and follows a similar strategy to the fund he ran at Rubrics.
A manager of some 20 years’ experience, Moreno started his career at Dresdner Kleinwort Benson in Frankfurt as a fixed income and currency strategist, before moving to Deutsche Bank in 2000 as a portfolio manager.
After holding senior portfolio manager positions at Union Investment and Global Evolution, he joined the Danish-based Sydbank, where in 2011 he was part of the spin-off of the senior EM debt team into a newly created business in London called EM Quest.
According to Mirabaud, Moreno’s appointment is an additional step towards strengthening the asset management capabilities of its fixed income team, which currently manages circa $1.5bn