Thomas Christiansen has left Nordea Asset Management to join Union Bancaire Privée in a senior role overseeing emerging market debt, Citywire Switzerland's sister publication, Citywire Selector can reveal.
Christiansen had served as lead portfolio for external emerging market debt during two years with Nordea in its Copenhagen office.
Christiansen, who also previously oversaw EMD at BlackRock during a six-year spell, joins Union Bancaire Privée as head of sovereign emerging market fixed income. This is a newly-created role at the Geneva-based group.
In this new capacity, Christiansen will oversee sovereign debt within the developing world fixed income unit and report to Denis Girault, who is head of emerging markets fixed income.
It was not confirmed whether Christiansen will directly oversee any funds in his new capacity, with UBP currently running several EMD funds including the UBAM EM HY Short Duration Corporate Bond and UBAM Emerging Market Debt Opportunities fund among others.
Nordea recently announced plans to expand its emerging market debt coverage. This would see it add a total return-focused strategy to its existing hard and local currency debt strategies, as Citywire Selector reported earlier this week.