Strategy overview
Investment Approach
High conviction, bottom-up driven investment process supplemented by a proprietary transition impact assessment framework to ensure that each investment promotes real-world transition, not only portfolio-level transition
Investment Opportunity
Differentiated alpha from investing in EM companies with credible commitments to transitioning to net zero or enabling a lower-carbon future
Investment Universe
An established universe of EM companies and projects – private and public debt.
Matt Christ
Portfolio Manager
<p>Matt is a portfolio manager in the Fixed Income team at Ninety One responsible for supporting the growth of the existing Emerging Markets Corporate effort and helping to build the team’s illiquid, private and special situations emerging market credit expertise.</p>
<p>Prior to joining the firm, Matt worked for Gramercy Funds Management as a portfolio manager focusing on opportunistic emerging market credit. Before this he was a portfolio manager at Blackrock responsible for the fixed income portfolios of insurance clients.</p>
<p>Matt graduated from Middlebury College with a Bachelor of Arts in English and French and Columbia Business School with an MBA.</p>
Victoria Harling
Victoria es directora de deuda corporativa de mercados emergentes y responsable de gestionar la estrategia de deuda corporativa de mercados emergentes y la estrategia de deuda corporativa de grado de inversión de mercados emergentes en Ninety One. Victoria se incorporó a la empresa en 2011, procedente de Nomura International. Anteriormente, Victoria trabajó durante más de tres años con oficinas de transacciones de mercados emergentes y equipos de mercados de capitales para Standard Bank y Nomura. También se dedicó durante dos años a la gestión de hedge funds y estrategias de negociación propias para Rand Merchant Bank y Whitebeam Capital Management. Anteriormente, Victoria trabajó durante más de ocho años en Henderson Global Investors, donde fue responsable de la gestión de carteras de deuda de mercados emergentes. Victoria se licenció en Bioquímica con Biología Molecular por la Universidad de Leeds. Además, posee el título de analista financiero certificado (CFA®).
Alan Siow
Alan es gestor de carteras en el equipo de renta fija de Ninety One, responsable de las estrategias Emerging Markets Investment Grade Corporate Debt y All China Bond. Antes de incorporarse a la empresa, Alan trabajó en BlueBay Asset Management, donde fue gestor de carteras especializado en los mercados emergentes. Entre 2008 y 2011, Alan trabajó en Alchemy Special Situations como ejecutivo responsable de la deuda europea en dificultades y de las inversiones en situaciones especiales. Antes de trabajar en Alquimia, Alan ocupó el cargo de vicepresidente de renta fija en Citigroup Salomon Smith Barney. Alan comenzó su carrera en Deloitte, en Australia. Alan es Licenciado en Comercio (Contabilidad y Finanzas) con matrícula de honor por la Universidad de Australia Occidental, y cursó una máster en Administración de Empresas en INSEAD, Francia. También es censor jurado de cuentas (Australia y Nueva Zelanda).
Nathaniel Micklem
Co-Head of Emerging Market Alternative Credit
<p>Nathaniel is co-head of Emerging Market Alternative Credit at Ninety One. His focus is primarily on unlisted and privately negotiated lending transactions.</p>
<p>Prior to joining the Ninety One, Nathaniel spent six years working at Standard Bank most recently as one of the founding members of the Special Situations team based in Johannesburg responsible for originating and structuring Investment Banking transactions. Prior to this, Nathaniel spent 18 months in Lagos, Nigeria within the Financial Advisory team advising local and foreign corporate clients and regulators. Before that, he served as the manager of the Equity and High Yield Capital Markets Division, with a focus on Leveraged Finance. He began his career at Standard Bank in 2006 as an associate within the Mergers & Acquisitions team.</p>
<p>Nathaniel holds a Bachelor of Business Science (Honours) degree in Finance from the University of Cape Town and has passed all three levels of the CFA® Programme.</p>
Olivia Carballo
Managing Director, Emerging Market Alternative Credit
<p>Olivia is a managing director in Ninety One's Emerging Market Alternative Credit team. She has extensive infrastructure finance experience gained in project, corporate and structured finance roles in both developed and emerging markets. She has worked with the Emerging Africa Infrastructure Fund since 2008 providing debt and mezzanine financing.</p>
<p>Prior to this she worked at the Royal Bank of Scotland in the Project and Export Finance business and at Santander Bank in the credit department.</p>
<p>Olivia has a Bachelor of Arts from the University of Pennsylvania and an MSc from the London School of Economic and Political Science.</p>
Martijn Proos
Co-Head of Emerging Market Alternative Credit
<p>Martijn is co-head of Emerging Market Alternative Credit at Ninety One. He has extensive experience in private credit markets gained in various advisory, project, corporate and structured finance roles in both emerging and developed markets. He has particular experience in infrastructure finance and has been working with The Emerging Africa Infrastructure Fund since 2008.</p>
<p>Prior to Ninety One, he worked at FMO’s Africa Infrastructure department, T-Mobile and Tebodin Consultants & Engineers.</p>
<p>Martijn holds an MSc in Business Administration from Nyenrode Business University, The Netherlands.</p>