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Invesco EMD chief departs
by Chris Sloley on Sep 06, 2013 at 10:46
Invesco has promoted two of its veteran managers to oversee its emerging markets debt unit following the departure of former department head Claudia Calich.
The former Citywire AAA-rated manager had overseen five emerging market and high income bond funds during her nine-year tenure with asset management firm.
The pair, who have 18 and 19 years of industry experience, respectively, officially assumed their new senior roles on July 31, according to an Invesco investor note.
In the statement the group said: ‘Invesco believes that their complementary skill sets, covering sovereigns and corporates, and their experience working closely together since 2006, makes them well-positioned to lead the emerging market debt team.’
The five funds previously overseen by Calich will now become the responsibility of the following managers:
|Invesco EM Mkt Corporate Bond||Eric Lindenbaum|
|Invesco Emerging Markets Bond||Eric Lindebaum/Jack Deino|
|Invesco Emerging Markets Bond Fund||Eric Lindebaum/Jack Deino|
|Invesco Global High Income||Eric Lindenbaum/Jack Deino/Joseph Portera/Scott Roberts|
|Invesco Emerging Local Currencies Debt||Jack Deino|
Due to a stellar performance over the course of 2008, the Brazilian-born Calich was named as a Star Manager in Citywire Global May 2008 magazine.
However, following a difficult period in the subsequent four years, she was profiled again for the Performance Clinic feature in October 2012.
In the second interview, Calich discussed challenges facing EMD managers as well as the impact of liquidity concerns and opportunities created by the growth of the corporate bond market.
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- Invesco Em Mkt Corporate Bond A Acc USD
- Invesco Emerging Local Currencies Debt A
- Invesco Emerging Markets Bond Fund II A
- Invesco Emerging Markets Bond USD A
- Invesco Global High Income USD A
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