Loomis Sayles announces addition of resources to emerging market teams

By Tali David

Minneapolis, Nov. 27 - Loomis, Sayles & Co. announced in a press release that it has added resources to bolster its emerging market debt investment capabilities.

Peter Frick has been named dedicated EMD portfolio manager alongside co-managers Edgardo Sternberg and Dave Rolley.

Frick has more than 25 years of experience in the global fixed-income marketplace, most recently serving as product manager covering EMD and global bonds.

Elisabeth Colleran has joined the EMD product team as an emerging market credit strategist. Previously, she was a senior analyst on the credit research team.

Loomis Sayles said it also added professionals specializing in emerging markets to its credit research, trading and product management teams. The following individuals serve as a resource for all Loomis Sayles product teams investing in emerging markets:

• Matt Welch, who moved from technology credit research to focus solely on emerging market credit research;

• Li Ping Yeo, who was hired in the company's Singapore office as a senior credit analyst responsible for covering Asian credits;

• Lynn Parker, who now acts as emerging market markets strategist and emerging market trader on a full-time basis; and

• Hank Lynch, who was hired to replace Peter Frick as a global bond and EMD product manager.

"We believe emerging markets can offer superior growth opportunities compared to many developed markets, because in general, they are younger, more populous nations that have benefitted from strong economic tailwinds over the last decade, thanks to lower labor costs and strong demand for commodities," EMD team co-portfolio manager Edgardo Sternberg said in the release.

Loomis Sayles offers financial research, risk assessment and portfolio management and is based in Boston.

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