Legal & General Investment Management (LGIM) has bolstered its fixed income emerging market debt team with two new hires.
The firm has appointed Philip Meier, former senior portfolio manager at AXA Investment Managers, as portfolio manager and recruited credit specialist John Gray from the Royal Bank of Scotland.
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In their new roles, Meier and Gray will report to the group’s head of emerging fixed income Uday Patnaik, who joined LGIM a year ago.
LGIM’s emerging market team, a part of LGIM’s global fixed income team that includes 70 fixed income professionals, manages around £120bn in fixed income mandates.
Patnaik said: "The team now brings together broad and deep experience across both hard and local currency sovereign, corporate and financial issuers.
"With dedicated regional portfolio management teams and highly experienced sector analysts, the addition of a complete EM capability enables LGIM to source investment opportunities from across the full suite of fixed income markets."
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