Aberdeen Asset Management has appointed Siddharth Dahiya as new head of emerging-market corporate debt, replacing Esther Chan.
In his new role, Dahiya will oversee the company’s six-member emerging market corporate debt team.
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In addition, Dahiya will work with senior investment manager Max Wolman and will report to Brett Diment, head of emerging market & sovereign debt.
At the same time, Paul Lukaszewski is set to join the emerging market corporate debt team as an investment manager. Lukaszewski was previously a portfolio manager in high yield with Scottish Widows Investment Partnership (SWIP).
Dahiya has joined Aberdeen in 2010 after spending four years at ICICI Bank UK as part of the treasury investment team.
Diment said: "Sid’s appointment and the continued strengthening of the team will enhance further Aberdeen’s fundamental credit process and our comprehensive coverage of emerging markets.
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By GlobalData"Emerging market corporate bonds have come into their own as a stand-alone asset class. Currently valuations are attractive relative to developed market bonds, with good opportunities in both investment grade and high yield," he added.
