BlueBay Asset Management has hired a head of developed markets special situations as it prepares to launch new special situations investment strategies over the coming months.
Adam Phillips has joined BlueBay in the newly-created role, reporting into chief investment officer Mark Dowding, and will be responsible for building out the firm's capabilities within stressed and distressed credit. He will also lead the launches of the special situations strategies, which BlueBay said will complement its existing event-driven credit strategy, and which Phillips will also be managing alongside Duncan Farley and Tim Leary. BlueBay's Dowding: Active investors can 'exploit' inefficiencies in bond indices According to BlueBay, there is an increasing opportunity to in...
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