Pictet poaches emerging credit head from JPMAM

J.P. Morgan Asset Management's Alain Nsiona Defise has joined Pictet's fixed income team as head of emerging credit.

Defise will be based in London and will be tasked with building the emerging corporate business at the asset management arm of the Swiss private bank Pictet & Cie. He joins from J.P. Morgan, where he ran the emerging corporate franchise, worth over $2bn. Previously he spent nine years at Fortis Investments as senior portfolio manager. "Developing an emerging credit expertise is a natural expansion to the wider emerging market franchise of Pictet Asset Management," said Sébastien Eisinger, head of fixed income at Pictet.