Global

BlackRock has published a paper proposing a raft of reforms for regulators and asset managers to address the growing problems with liquidity in the bond market.

Hermes has appointed Patrick Marshall as head of private debt and CLOs, as it looks to develop its offering in the area.

How to protect against another Lehman

Neuberger Berman has launched a global credit long/short fund for a four-strong team of credit managers that joined the group through an acquisition last year.

Ivan Nikolov has left Aberdeen Asset Management to join NN Investment Partners' convertible bonds team.

AXA Investment Managers has hired two senior members to its EMD team as its head of emerging markets fixed income Damien Buchet departs.

Pioneer Investments has launched an emerging markets bond short-term strategy in response to investors' need for better protection from rising interest rates.

Former Threadneedle manager John Peta has joined Old Mutual Global Investors to head its emerging market debt team.

Former BlueCrest manager Emrah Kagitcibasi has joined Pictet Asset Management's London office as part of its emerging market debt (EMD) team.

Ashmore Group saw assets under management decline by 15% during the last six months of 2014, as negative investment performance and investors' adversity to emerging markets weighed on the company.