Mirabaud expands Global High Yield Bonds team
London, 6 June 2013 – Mirabaud Asset Management has recruited Fatima Luis in London as a senior high-yield specialist to support high-yield fund manager, Andrew Lake, on the Global High Yield Bonds division.
Luis, formerly co-head of Global High Yield at F&C Asset Management, will be a senior analyst and fund manager on Lake’s team. Luis has extensive experience of US high yield and European investment grade markets, as well as emerging markets, having been a successful fixed income investment manager for more than 15 years.
The Mirabaud Global High Yield Bonds fund was launched on 1 February as a sub fund of the Mirabaud Luxembourg UCITS SICAV. The fund launched with assets in the region of US$100m and now stands at close to US$200m. In addition to the Mirabaud Global High Yield Bonds fund, the team manages mandates for institutional clients.
Mirabaud is committed to developing its range of funds and is building on its competitive advantages to meet the needs of its clients. The continued growth of the high yield team is part of this strategy and Luis’s wealth of experience will further enhance the team’s research capabilities.
In the past 18 months Mirabaud has focused on expanding its asset management team, in particular launching a global emerging markets equity fund, a European convertibles bonds fund, as well as a dynamic asset allocation fund in the last year.
Lake said: “Having someone of Fatima’s calibre and experience will be invaluable and will greatly enhance the research capability of the Global High Yield Bonds team. Our flexible approach aims to seek out and exploit relative value opportunities across markets, sectors and individual companies. All of this is encompassed by a thorough analysis and ongoing monitoring of risk by the various high yield specialists across Mirabaud.”
Lionel Aeschlimann, partner and head of Asset Management at Mirabaud, said: “Having already recruited a fund manager of the calibre of Andrew Lake from AVIVA, with his consistent track record, the addition of Fatima Luis is another important hire as we continue to strengthen Mirabaud’s asset management offerings. We are confident that the team will generate excellent long-term results for our clients.”