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EM Debt / China Fixed Income in the current environment

Wednesday, 27. April 2022, 13:00 - 13:40 UHR

Seminarraum 2 ( mit Video)

English

Speaker(s): Damien Buchet, Gigi Guo, Polina Kurdyavko, Matthew Morgan

Presenter: Thomas Breitenmoser


How did the emerging markets fare during the COVID-19 crisis? Where are the opportunities and what are the challenges? Are the interest rate differentials to Europe and the USA justified? What are the repercussions of adding EM debt to a classic fixed income portfolio?

Damien Buchet

Damien Buchet

Chief Investment Officer of Finisterre Capital, an affiliate of Principal Global Investors

Damien joined Finisterre in September 2015 as a Portfolio Manager and Chief Investment Officer for the Total Return Strategy. Prior to joining Finisterre, he was the Global Head for Emerging Markets Fixed Income at AXA Investment Managers from 2010 to 2015, overseeing $7bn in EM FI assets and leading the EM team located in Paris, London and Hong Kong. From 2007 to 2010, Damien was Head of Sovereign & Emerging Markets Proprietary Trading at Dexia Credit Local in Paris, where he was responsible for two 3bn EUR relative value trading books, in EM hard and local currency assets. Damien was Portfolio Manager and Head of Emerging Markets at CCR Gestion, Commerzbank Group in Paris from 2005 to 2007. From 1996 to 2005, Damien was a Senior Fund Manager, Deputy Head of Alternative EM Funds at Barep Asset Management in Paris, the alternative asset manager of Societe Generale. He started his career in Hong Kong as an Asian Equity Fund Manager at Euro Pacific Advisers Ltd from 1993 to 1996, and a Financial Analyst, China Desk at Societe Generale Hong Kong Branch from 1992 to 1993. Damien graduated from EDHEC School of Business Administration in Lille, France (1991) and is also a CFA charterholder.

Gigi Guo

Gigi Guo

CFA, Portfolio Manager, Invesco

Gigi Guo is a Portfolio Manager responsible for managing Invesco’s Asian fixed income portfolios. She is also responsible for coordinating with the China onshore credit team based in Invesco Great Wall. Her own research focus area includes Asian High Yield credit market as well as alpha generation. 
 
She has over 8 years of experience in portfolio management, specializing in Asian as well as Global Emerging Market Fixed Income. Prior to joining Invesco in 2021, she worked as portfolio manager at Harvest Global Investment Hong Kong, leading Global Emerging Market Credit strategy including Asian Credit. Her fund Harvest Emerging Market Bond Fund won Offshore China Fund Awards 2019 in the category QDII Best Total Return. She also worked at Union Investment in Frankfurt as lead portfolio manager and DWS in Frankfurt as assistant portfolio manager and research analyst, responsible for China credit market within the global investment platform. In her previous positions, Gigi has managed multi billion dollar Asian as well as Global Emerging Market portfolios with various investment strategies across mutual funds and institutional investment vehicles. Her diverse investment experience includes local and hard currency bonds, as well as sustainable investments.
 
Gigi holds a Bachelor’s degree in Industrial Engineering and Management from the Karlsruhe Institute of Technology (KIT), Germany, and is a CFA charter holder.
 

Polina Kurdyavko

Polina Kurdyavko

Partner, Head of Emerging Markets, Senior Portfolio Manager, BlueBay Asset Management

Polina is Head of Emerging Markets and Senior Portfolio Manager at BlueBay. In addition to oversight of investments across all EM strategies, Polina is also a lead portfolio manager for several flagship funds in EM sovereign, credit and local markets, including long only and alternative products. Polina started her career in emerging markets after the Russian financial crisis in 1998 and has, since then, gained expertise across a broad range of emerging market financial assets. Polina joined BlueBay in July 2005 from UBS where she was a credit analyst in EM corporate research. Her role encompassed coverage of EM issuers as well as research support for primary issuance of corporate debt. 

Matthew Morgan

Matthew Morgan

Investment Director - Fixed Income & Multi Asset Strategies, Jupiter Asset Management

Matthew is an Investment Director for Jupiter’s fixed income and multi-asset strategies. Before joining Jupiter, Matthew worked at BlackRock, most recently as a Director in the UK institutional sales team where he had lead responsibility for BlackRock’s relationships with a range of large UK institutions, and also had strategic responsibility for Multi-Asset. He began his investment career in 2006. Matthew has a degree in History and Modern Languages and is a CFA® charterholder.

Thomas Breitenmoser

Thomas Breitenmoser

CFA, CAIA, Head Investment-Consulting/Controlling, Member of the Executive Board, Complementa

Thomas Breitenmoser studied economy and business administration at the University of Applied Sciences in Zurich and completed a dual degree Executive MBA in Asset and Wealth Management at the University of Lausanne and Carnegie Mellon University (Pittsburgh, USA). He holds the titles of Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA). 

Before joining Complementa in 2016, he held management positions at Swisscanto/ZKB, JPMorgan Asset Management, Merill Lynch Investment Managers and Credit Suisse. In addition, he was Chairman of the Foundation Board as well as president of the Investment Committee of JPMorgan Chase Suisse Pension Fund.

With his team he is responsible for projects & mandates and participates in management meetings of institutional investors.

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