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Threadneedle hands over EM bond funds to Stipp

Threadneedle has named Henry Stipp as manager across five emerging market bond funds following the departure of Richard House to Standard Life.

Stipp, an emerging market debt manager who has been at Threadneedle since 2001, will take over management of the Theadneedle emerging market bond fund, Threadneedle emerging market local fund and three offshore funds, the Threedneedle emerging market debt fund, Threadneedle emerging market corporate bond fund and Threadneedle absolute emerging market macro fund.

He has managed the offshore global emerging market short-term bond fund since 2009.

Former head of emerging market debt Richard House left Threadneedle earlier this month and has since resurfaced at Standard Life Investments with Threadneedle colleagues Mark Baker and Nicolas Jaquier.

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