PGIM Fixed Income adds senior economist for Central Europe and Middle East
PGIM Fixed Income has hired Magdalena Polan into the newly created role of principal economist, covering the major emerging market economies in Central Europe and the Middle East, effective immediately and based in London.
PGIM Fixed Income is part of PGIM, the global investment management business of US-based Prudential Financial, Inc (PFI) (NYSE: PRU) and one of the world’s top 10 asset managers with more than USD1.5 trillion in assets under management.
Polan joins from Legal & General Investment Management where she was global EM economist since 2016, providing macroeconomic analysis and investment strategy for global emerging markets. Prior to that she was a senior economist, CEEMEA at Goldman Sachs, having previously worked at the International Monetary Fund as an economist in the strategy and policy review, monetary and capital markets and European departments and her work included reviewing IMF programs and policies for EM economies during the global financial crisis.
Polan is a senior member of PGIM Fixed Income’s global macroeconomic research team, which is led by Nathan Sheets, former undersecretary of the US Treasury for international affairs, who previously worked at the Federal Reserve board, most recently as director of the division of international finance and FOMC economist.
Sheets says: “At PGIM Fixed Income we place greIat value on understanding the macroeconomic factors driving market behaviour, which becomes even more important during such uncertain times. We continue to grow our global macroeconomic research team, ensuring we have insight and coverage for all critical areas. 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.”