HSBC Global Asset Management has appointed Luther Bryan Carter head global emerging markets debt (EMD), effective immediately. Based in London, he will report to Xavier Baraton, global chief investment officer, fixed income, private debt and alternatives.
Carter has nearly 20 years’ experience in the industry, most recently as the award-winning lead portfolio manager for EMD at BNP Paribas Asset Management. Prior to joining BNP Paribas, he managed EMD and global absolute return bond capabilities at Acadian Asset Management for nine years and directed its quantitative fixed income research effort. He started his career as an economist at the US Treasury Department and T Rowe Price. Since 2014, he has been deeply involved in the Emerging Markets Investors Alliance, a global non-profit network of institutional investors committed to advancing sustainable social and economic development in emerging markets.
In his new role, Carter will be responsible for the management of HSBC Global Asset Management’s global EMD team, investment process and portfolios, following the completion of relevant due diligence and regulatory approval. He takes over from Nishant Upadhyay, who will focus on the firm’s fixed-income investment platform projects.
