hyland departs schroders for muzinich
Warren Hyland has joined Muzinich & Co from Schroders to broaden the emerging market debt capability of the company.
Warren Hyland has joined Muzinich & Co from Schroders to broaden the emerging market debt capability of the company.
Most emerging market debt investors are not ready for the negative effect the unavoidable rise in treasury yields will have on their portfolios, according to Schroders’ new head of relative EMD James Barrineau.
Legal & General Investments is capitalising on the popularity of hard currency EMD with the first UK-authorised passive fund to track constituents of the JPMorgan Emerging Markets Bond Index.
Barings plans to launch China Bond Fund for its recently-appointed head of Asian debt, Sean Chang.
BNP Paribas has poached four EMD specialists from State Street subsidiary Rexiter Capital Management following the departure of seven of its team to BlackRock back in April.
Investors may have been piling into UK corporate bond funds this year, but it is emerging market debt where fund groups appear to see the big opportunity for expansion.