Financial Services Industry
Industry: Email Alert RSS FeedNews: BlueBay unveils emerging market fund against index.
Pensions Week, December, 2005
London-based specialist fixed income manager BlueBay has launched an emerging market fund to take advantage of JPMorgan's latest index.
The Emerging Market Local Currency fund will be bench-marked against JPMorgan's new government bond index - emerging markets (GBI-EM).
Managed in-house, BlueBay has further bolstered its emerging markets capability with the appointment of Neil Phillips as a senior portfolio manager. Phillips has joined from Lehman Brothers where he was head of local market trading for Central Europe, Middle East and Africa. The new fund is designed to invest exclusively in the local market sector within the emerging markets.
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