Jupiter hires from Henderson in EM debt boost

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Jupiter has recruited boosted its emerging market debt team with two specialist analysts, including a hire from Henderson Global Investors, which last week completed its merger with Janus Capital.

The asset manager has recently set up a emerging market debt strategy led by Alejandro Arevalo, who runs the newly-launched Jupiter Global Emerging Markets Corporate Bond fund.

Nachu Chockalingam and Reza Karim, who will report to Jupiter’s head of credit research Hilary Blandy, join the firm from Ontario Teachers’ Pension Plan and Henderson Global Investors respectively.

Chockalingam worked at JP Morgan for 12 years, before becoming emerging market portfolio manager at Ontario Teachers’ Pension Plan.

Karim, who joined Jupiter at the start of May, was an emerging market research analyst at Henderson, now known as Janus Henderson, for two years covering corporate and sovereign credit in the central eastern Europe Middle East & Africa region.

In addition the duo will also “generate ideas” for Ariel Bezalel’s £12bn unconstrained bond strategy and work with the emerging market equities team of Ross Teverson.

Ariel Bezalel, Jupiter’s head of strategy for fixed income says: “As we continue to build our fixed income capabilities, and to establish ourselves firmly in the EMD space, it is important that we add the right resource at the right time.”

Arevalo adds: “We continue to find a host of attractive opportunities in the EMD space, and the breadth and depth of expertise Nachu and Reza bring to the team will prove invaluable when seeking to exploit further the potential in this area. I look forward to working with them as we build on the solid foundations we have established.”