standard life launches emerging market debt fund

Standard Life Investments has launched an emerging market debt fund for head of emerging debt Richard House, as it makes its first move into the asset class.

standard life launches emerging market debt fund


The Standard Life Emerging Market Debt Fund will invest in US dollar-denominated emerging market debt and will be benchmarked against the JP Morgan EMBI Global Diversified Index.

Emerging market debt now comprises about 12% of the global bond market and has an investment universe of more than 50 countries. The asset manager said the class has become increasingly popular with investors in recent years.

Euan Munro, executive director responsible for fixed income at Standard Life Investments, said: “The launch of the Emerging Market Debt Fund will enable investors to tap into this growing and truly diverse sector of the market and into Standard Life Investments’ experience in managing both global emerging market assets and fixed income.”

House joined the company in April this year. Previously, he was head of emerging market debt at Threadneedle and has held roles at organisation such as Wadhwani Asset Management, Citigroup and HSBC Private Bank during his career.

Munro added: “Richard and his team bring a robust and repeatable investment process that is very much in keeping with our focus on change investment philosophy.

“They combine quantitative research with broader qualitative and market insights to identify those areas of the emerging debt opportunity set where their views are most divergent from consensus and where there are some identifiable triggers that will cause the market to change its mind.”


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