BlueBay Asset Management has expanded its leveraged finance team with two new analysts, enhancing its developed market special situations capabilities.
Reporting to Adam Phillips, who joined the firm in October 2020 as head of developed markets, global leveraged, Neill Morgan, senior analyst, and Juan Herrero, analyst, will help the firm take advantage of an "increasing opportunity" in stressed and distressed credit, which BlueBay said has grown further since the coronavirus pandemic. BlueBay's head of investment risk Blua: Daily dealing property funds an 'aberration' Over the coming months, the team will launch multiple special situations investment strategies to capitalise on an "elevated" level of corporate restructurings. Morg...
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