London-based asset manager Threadneedle has named John Peta to lead the firm’s emerging market debt team as senior fund manager alongside Henry Stipp, who has been with the firm since 2001. 

Peta, who will report to head of fixed income Jim Cielinski, joins from Boston-based Acadian Asset Management, where he was head of emerging market debt. He has expertise in EM local currency debt covering over 30 countries, including frontier markets.

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

In other hires, Tammie Chan has joined as a fund manager, principally focusing on investment grade insurance funds. She joins from Pembroke Managing Agency.

Ryan Staszewski joins from JP Morgan as a corporate credit analyst within the investment grade team, specialising in utilities and securitisation.

And James Waters, formerly of Goldman Sachs Asset Management, joins as a fixed income investment specialist.

Threadneedle managed £1.8 billion ($2.9 billion) in emerging market debt and over £29 billion in fixed income assets at end June 2012.