Threadneedle debt team gets new manager

Peta joins Threadneedle from Boston-based Acadian Asset Management, where he was head of EM debt.

Peta and Stipp will also lead the eight-strong EM macro-economic strategy group, which formulates EM investment strategy across a range of Threadneedle’s fixed income products.

Peta joined Threadneedle on 15 October and reports to Jim Cielinski, head of fixed income.

He will assume responsibility for strategic initiatives across the EM business, including a focus on local currency debt strategy.

Stipp will retain responsibility for hard currency debt portfolios.