Allianz Global Investors has appointed Greg Saichin as head of global emerging market debt.
Saichin, who starts the new role in September joins from Pioneer Investments, where he was head of emerging markets and high yield fixed income.
He has 20 years’ experience in emerging markets, the last 13 of which were spent as a portfolio manager.
Andreas Utermann, co-head and global chief investment officer at AllianzGI, says: “Emerging market debt is becoming an increasingly significant and attractive asset class for long term investors.
”The superior growth rates will be sustained through higher rates of investment, much of which will be debt-funded.”