BlueBay drafts in distressed debt co-head

BlueBay Asset Management, the UK specialist credit hedge fund manager, has hired a former managing director at Morgan Stanley as co-head of its European distressed debt group as it prepares for a boom in that business this year.

BlueBay confirmed in a statement today it has recruited Iain Burnett to jointly run its European distressed debt group alongside Gina Germano, who was previously sole head of the team.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached