Buy Side Market Update June 2020

Fund News

• Morgan Stanley Investment Management has launched the Global Balanced Sustainable fund, investing in global equities, fixed income and money market instruments while seeking to achieve a “positive impact”, led by Andrew HARMSTONE, Managing Director, Senior Portfolio Manager, Global Multi-Asset team
• Neuberger Berman has launched the new Global Flexible Credit fund, a relative value strategy investing across sectors and geographies, managed by Dave BROWN, Norman MILNER and Joe LYNCH in the US and Vivek BOMMI in London
• Polar Capital has held a soft close on its Global Technology fund following inflows of GBP 1.6 billion in three months, leaving the AUM at GBP 4.5 billion

On The Move

• Russ MORRISON, Barings, President, Head of Fixed Income, Equities & Multi Asset, has joined Aegon Asset Management as Chief Investment Officer, Fixed Income, Chicago, replacing interim Fixed Income CIO Kirk BUESE, who is to retire
• Desiree FIXLER, ZAIS Group, Managing Director, Head of ESG/Impact Investing, New York, is to join DWS as Group Sustainability Officer, London, reporting to Asoka WOERHMANN, Chief Executive Officer
• Royal London Asset Management has strengthened its London-based Global Credit team led by Azhar HUSSAIN by hiring Dilawer FARAZI from Loomis Sayles, as a Fund Manager, Emerging Markets, Sunil PATEL from Aviva Investors, as a Senior Credit Analyst, Utilities, Services & Industrials, and Mounia CHAOUI ROQUAI from S&P Ratings, as an Investment Analyst, Broadcasting & Technology
• Ying HUA, formerly Citadel, Global Equities, San Francisco, has joined Balyasny Asset Management as a Portfolio Manager
• Igor LIOKUMOVICH, BlackRock, Associate, Global Capital Markets, New York, has joined new multi-strategy hedge fund Eluquin Capital as a Senior Associate, New York
• Juan Pedro RODRIGUEZ SERRATE, BlueCrest Capital Management, Equity Analyst, London, has joined Asia-focused Ovata Capital in a similar role