BNP Paribas Names New Emerging Markets Fixed Income Chief

James Heale

1 March 2016

, France’s largest bank, has appointed L Bryan Carter as head of emerging markets fixed income. Carter is moving from Boston to take up the role in London.

Carter arrives from Acadian Asset Management in Boston, where he was lead portfolio manager for benchmark relative and absolute return fixed income strategies. Prior to joining Acadian in 2007, Carter spent four years as an international economist, first at the US Treasury Department and then at T Rowe Price Associates.

In the role, Carter will oversee the management of all emerging fixed income portfolios. In this role he will be responsible for overall investment strategy, performance and the allocation of the risk budget across multiple sources of alpha within emerging markets.

Dominick DeAlto, chief investment officer of institutional fixed income at BNP, said: “BNP Paribas Investment Partners has an extensive network of analytical resources based across the broad emerging markets universe, providing us with access to real-time local information. Bryan will be instrumental in further harnessing these capabilities.”

The news follows BNP’s recent announcement that, in the fourth quarter of 2015, the bank’s asset and wealth management arm had a pre-tax income of €189 million ($211 million).