Citywire Selector - For Professional Investors

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

Standard Life unveils EMD fund for House

Standard Life unveils EMD fund for House

Standard Life Investments has launched its first fund for its newly-formed emerging market debt team under Richard House.

The Emerging Debt Fund, which will be run by lead manager House, will invest primarily in US dollar-denominated emerging market debt and will be benchmarked against the JP Morgan EMBI Global Diversified Index.

This marks Standard Life Investment’s first foray into emerging market debt and is designed to capture the current trend among investors towards developing world bond funds.

House, who joined from Threadneedle to set up Standard Life’s EMD unit, will adopt a top-down view, combined with country analysis in order to build the Emerging Market Debt Fund portfolio.

Commenting on the launch, 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.’

House was one of three names to join from Threadneedle in April, with Mark Baker and Nicholas Jaquier also lining up in Standard Life’s emerging market debt unit.

The announcement of the Standard Life fund comes hot-on-the-heels of Threadneedle naming House’s successors on its EMD desk.

The London-based outfit last week announced the appointment of John Peta from Acadian Asset Management, who will lead the eight-strong team alongside fixed income specialist Henry Stipp.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Luxembourg Forum

    Citywire Luxembourg Forum

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2017

    Citywire Italy 2017

  • Citywire Berlin 2017

    Citywire Berlin 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Professional Buyer

    Citywire Professional Buyer

  • Citywire Madrid 2017

    Citywire Madrid 2017

  • Citywire Switzerland Retreat 2017

    Citywire Switzerland Retreat 2017

  • Citywire Amsterdam 2017

    Citywire Amsterdam 2017

  • Citywire Frankfurt 2017

    Citywire Frankfurt 2017

  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016