MacKay Shields poaches quintet from BMO GAM to set up new EMD arm

Philip Fielding and Valentina Chen will join as co-heads of EMD

MacKay Shields has hired five investment professionals from BMO GAM as it seeks to establish a new emerging market debt (EMD) capability out of London.

Philip Fielding and Valentina Chen will join MacKay as co-heads of EMD on the global credit team, reporting to Eric Gold, senior portfolio manager and head of global credit. Fielding was previously co-head of emerging market debt and portfolio manager at BMO Global Asset Management. Chen was also co-head of the emerging market debt team after joining the company in 2019 from Bank Vontobel  in Zurich where she was an executive director and senior portfolio manager responsible for a range of EM strategies. Henry Stipp will also join the team as a portfolio manager and Gordana Ilic and C...