Danish-born Morten Bugge is co-founder and chief investment officer at Global Evolution Fondsmaeglerselskab AS having previously worked at Sydbank where he was a director responsible for emerging markets. Morten manages the Global Evolution EM Debt, Local Currency Debt and Blended Debt funds dealing in emerging markets bonds, using a top-down fundamental investment style.
Christian Mejrup works at Global Evolotion where he holds a position as senior portfolio manager responsible for formulating hard currency and local currency strategies with special focus on frontier countries. Previously he held a similar position in Sydbank where he was part of the successful investment management team responsible for emerging markets fixed income and FX mutual funds. Mejrup holds an M.Sc. in business and finance.
The investment objective of the fund is to create returns by utilizing a diversified selection of strategies within Frontier Markets. To achieve the investment objective the Investment Manager will use primarily a range of traditional transferable securities like hard and local currency debt securities and derivative financial instruments. Typically, hard currency debts are denominated in USD. Local currency debt securities are fixed income instruments issued by sovereigns, supra-nationals and/or multilaterals in the Frontier Market's own currencies. The performance fee is subject to high water mark.
- United Kingdom