Fund files: Morgan Stanley PM vet withdraws, Vontobel launches bond funds


A longtime emerging market debt portfolio manager left Morgan Stanley after 24 years.

Eric Baurmeister, who has worked with the $ 1.5 billion asset manager since 1997, was pulled from Morgan Stanley’s $ 190.8 million emerging market debt fund and $ 388 million domestic debt emerging markets, as of Monday, Morgan Stanley said in a public statement.

Baurmeister was also removed from the $ 37 million emerging markets fixed income opportunities portfolio, according to a filing with the Securities and Exchange Commission.

A Morgan Stanley spokesperson confirmed Baurmeister’s departure from the company but did not comment further.

Vontobel makes an American bond offer

Vontobel Asset Management, a Swiss-born $ 266 billion company, is now offering three bond strategies to US investors for the first time.

The company is expanding the offering of its $ 25 billion bond store in the United States with three new strategies, each available as separate accounts: the Vontobel Emerging Markets Debt, Emerging Markets Corporate Bond and Emerging Markets Blend funds.

Luc D’Hooge, manager rated Citywire +, manages the three funds and works alongside the manager rated A Wouter van Overfelt on the EM Corporate Bond and EM Blend funds. Sergey Goncharov is a listed manager on the EM Debt and EM Corporate Bond funds while Thierry Larose and Carl Vermassen, both rated A, are also listed as managers on the EM Blend strategy.

“US investors are increasingly looking for new solutions that offer yield and diversification while managing risk,” Thomas Wittwer, US CEO of Vontobel, said in a statement. “We are delighted to bring this emerging market fixed income offering to clients in the region, incorporating our proven active approach and leveraging our 37 year presence in North America and nearly 100 years of history. in investment management. “

Dimensional to constitute the list of ETFs

Dimensional Fund Advisors has listed its first four active transparent fixed income ETFs and is looking to launch 10 more equity ETFs.

The $ 653 billion Austin, Texas-based asset manager on Tuesday launched the Dimensional Core Fixed Income, Short-Duration Fixed Income, National Municipal Bond and Inflation-Protected Securities ETFs, all with expense ratios less than 0.20%.

Going forward, the company is looking to add two more foreign-focused core equity ETFs, a trio of small-cap products, one real estate ETF and three “high-return” ETFs, Dimensional said in a statement. Press.

“Dimensional’s extended ETF suite builds on the company’s 40 years of thoughtful research and meticulous implementation of the best ideas in financial science,” said co-CEO Dave Butler in a communicated. “We are dedicated every day to refining our research and its practical application throughout our mutual fund, ETF and SMA offering with the aim of providing the best possible investment experience for every client. “

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