Two of Pictet's emerging markets team, including Russia fund manager Peter Jarvis, have left Pictet Asset Management(PAM), Investment Week can reveal.
Investors' desperate search for income continues as rumours abound of the possibility of negative interest rates and bond yields remain at record low levels.
Pictet Asset Management has launched an Emerging Corporate Bonds fund for recently appointed head of emerging credit Alain Nsiona Defise.
J.P. Morgan Asset Management's Alain Nsiona Defise has joined Pictet's fixed income team as head of emerging credit.