HSBC AM adds portfolio manager to Emerging Markets Debt team
HSBC Asset Management has appointed Taras Pushak as Portfolio Manager for its Emerging Markets Debt (EMD) investment team.
Based in London, Taras joined on 5 May and reports to Bryan Carter, Head of Global Emerging Markets Debt.
In his new role, Taras will be responsible for managing the firm’s EMD Total Return strategies, and generating EMD macroeconomic views and themes for implementation across its EMD investment portfolios.
With over 20 years’ experience, Taras joins from APG Asset Management, where he was a senior portfolio manager responsible for selecting and monitoring strategies managed by external managers within APG’s EMD investment pool. Prior to that, he spent four years as a portfolio manager and senior analyst at EMSO Partners (now Emso Asset Management). Taras has also held roles at Citigroup, and before that was an economist at the World Bank.
Carter says: “Taras has deep portfolio management experience across all segments of EMD and brings with him an in-depth knowledge of the European asset owner space, and the competitive EMD manager landscape. His talents and experience will amplify the breadth of alpha sources available for our EMD portfolios and complement the investment team’s current strengths in issuer and country selection with an ESG emphasis based on our fundamental research and tools.”
In 2020, HSBC Asset Management set out its strategy to re-position the business as a core solutions and specialist emerging markets, Asia and alternatives focused asset manager, with client centricity, investment excellence and sustainable investing as key enablers.