PGIM Fixed Income has hired Magdalena Polan for the newly created role of principal economist, covering the major emerging market economies in Central Europe and the Middle East.
Based in London, Polan will also serve as a senior member of PGIM Fixed Income's global macroeconomic research team, which is led by former undersecretary of the US Treasury for international affairs Nathan Sheets.
Polan joins from Legal & General Investment Management, where since 2016 she was global emerging markets economist, providing macroeconomic analysis and investment strategy for global emerging markets.
She was also previously a senior economist, CEEMEA at Goldman Sachs, having also worked at the International Monetary Fund as an economist in the strategy and policy review, monetary and capital markets and European departments.
Commenting on the hire, Sheets said: "Having hired our inaugural chief European economist, Katharine Neiss, into our London office last year, we are thrilled to now welcome Magdalena to the team, further expanding our European presence.
"Her deep expertise with emerging market economics and strategy will be of great value in delivering vital analysis and insight to our investment teams and global clients."