Citywire - For Professional Investors

Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

AB EMD veteran quits $1bn fund to join hedge fund firm

AB EMD veteran quits $1bn fund to join hedge fund firm

Citywire + rated manager Marco Santamaria has relinquished his role on AB’s $1 billion Emerging Markets Debt Portfolio to join BlueCrest Capital Management, Citywire has learned.

Emerging markets debt specialist Santamaria had been with AB since June 2010 and is understood to have stepped down in January and resurfaced at BlueCrest earlier this month.

This brings to an end nearly seven years with AB, where Santamaria had been a named manager across the AB FCP-I Emerging Markets Debt Portfolio, as well as working on three emerging market multi-asset funds.

The largest of his four funds was the EMD fund, which has $1 billion in assets, and is co-run by bond veteran Paul DeNoon, EMD specialist Shamaila Khan and fund manager Christian DiClementi. It is understood this trio will retain their roles with no additional managers being added.

In his new capacity, Santamaria has been named as a portfolio manager covering emerging markets at hedge fund group BlueCrest.

He takes with him 28 years of investment experience, having previously worked for AIG, Lehman Brothers and Global Securities Advisors.

BlueCrest Capital Management was founded in 2000 with a focus on fixed income investing and has developed into one of the world’s largest global alternative asset managers.

On a three-year total return basis, the AB FCP I-Emerging Markets Debt fund returned 14.6% in US dollars to the end of February 2017. This compares to a 19.2% rise by its Citywire-assigned benchmark, the JP Morgan EMBI Global, over the same period.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Latin America 2017

    Citywire Latin America 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Santiago 2017

    Citywire Santiago 2017

  • Citywire Mexico 2017

    Citywire Mexico 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire New York 2016

    Citywire New York 2016

  • Citywire New York 2016

    Citywire New York 2016

  • Citywire Mexico 2016

    Citywire Mexico 2016

  • Citywire Mexico 2016

    Citywire Mexico 2016

  • Citywire Panama 2016

    Citywire Panama 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Miami 2016

    Citywire Miami 2016

  • Citywire Miami 2016

    Citywire Miami 2016

  • Citywire Panama 2016

    Citywire Panama 2016

  • Citywire New York 2015

    Citywire New York 2015

  • Citywire New York 2015

    Citywire New York 2015

  • Citywire New York 2015

    Citywire New York 2015