Bellevue Asset Management has hired emerging markets bond specialist Alexandrine Jaceklin from UBS to work alongside Lucio Soso on its Global Macro fund.
Jaecklin, who spent 15 years with her former employer, will support the Citywire A-rated manager (pictured) on the €65 million Alternative Ucits fund, Bellevue F (Lux) BB Global Macro.
She will work as a senior portfolio manager on the multi-asset approach and has experience covering European and emerging market debt, as well as credit investing.
Commenting on the appointment, André Rüegg, CEO of Bellevue Asset Management, said: ‘The ongoing success of our multi-asset strategy and resulting greater demand from investors for this product necessitated an increase in size of our team.’
The company added Jaecklin’s expertise in fixed income would prove particularly important at a time of persisting expansionary monetary policy, which is increasing investor interest in absolute return strategies.
She worked for UBS in both London and New York during her tenure, while having previously been a research analyst at US groups Laidlaw Global Securities and Smith Barney. She began her career in 1994 in Geneva as a research analyst at the United Overseas Bank.
Soso is currently the fifth best performing manager of the 31 Global Macro specialists in the Citywire database with a three-year track record. He has returned 30.8% against an average peer return of 10.2% over the 36 months to the end of May 2015.