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Loomis Sayles has made two additions to its emerging markets team – Michael McDonough joins as senior equity portfolio manager, while Joshua Demasi, most recently a senior sovereign analyst on the macro strategies team, joins as a portfolio manager and emerging markets strategist.
Both will report to Peter Marber, head of emerging markets investments, and will focus on new emerging markets equity strategies.
Loomis Sayles has been building its global capabilities in recent years and now manages more than USD14 billion in emerging markets assets. Since 2013, the firm has added eight professionals to its emerging markets research and portfolio teams.
“We are excited to welcome Michael and Josh aboard,” says Marber. “Their collective knowledge and expertise will strengthen our effort to deliver sophisticated emerging market solutions to our clients.”
McDonough has over 15 years of public and private investing experience across a broad range of geographies and asset classes, and has worked in Hong Kong since 2006. Most recently he was head of Asian long-short equities at Pine River Capital Management.
As a senior sovereign analyst, Demasi covered Japan and European markets and provided broad macro and currency related insights as a member of the macro strategies team, a firm-wide resource for all investment teams. He joined Loomis Sayles in 2000.
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