Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Credit Suisse names new co-lead on $515m EM credit fund

Credit Suisse names new co-lead on $515m EM credit fund

Credit Suisse has handed EM veteran Gonzalo Borja more firepower on his corporate bond-focused fund by assigning Andranik Safaryan to work alongside him, Citywire Selector has learned.

Safaryan, who has been with the Swiss firm since 2011 in a number of roles, will serve as a co-portfolio manager on the $516 million CS (Lux) Emerging Market Corporate Bond fund.

Citywire + rated Borja has overseen the Luxembourg-domiciled fund since April 2012, when he replaced Thomas Rutz, who has since joined German group MainFirst.

During his tenure, Borja has overseen several funds covering global and emerging market corporate bond funds. He joined the firm in 2012 and is a senior portfolio manager focused on emerging market fixed income.

Meanwhile, Safaryan was previously at Clariden Leu, which was taken over by Credit Suisse and has a history of working in Russia and CIS-focused markets. He most recently served as a credit analyst specialising in hard currency debt.

The CS (Lux) Emerging Market Corporate Bond fund returned 12.5% in US dollar terms, which compares with a 12.3% rise by the BofA Merrill Lynch EM Corporate Plus TR, its Citywire-assigned benchmark, over the same period.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2016

    Citywire DACH 2016

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016

  • Citywire Berlin 2016

    Citywire Berlin 2016

  • Citywire Switzerland 2016

    Citywire Switzerland 2016

  • Citywire Amsterdam 2016

    Citywire Amsterdam 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Deutschland 2016

    Citywire Deutschland 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Munich 2016

    Citywire Munich 2016

  • Citywire Paris Alt Ucits 2016

    Citywire Paris Alt Ucits 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016