NEW YORK–(COMMERCIAL THREAD) – Morgan Stanley Investment Management today announced a change in portfolio management for Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE: MSD) and Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE: EDD) ( funds “) . The Funds are managed by the Emerging Markets Debt team of Morgan Stanley Investment Management Inc. (the “Advisor”). The team is made up of portfolio managers and analysts.
The current team members jointly and primarily responsible for the day-to-day management of the Funds are Eric J. Baurmeister, Managing Director of the Advisor, Warren Mar, Managing Director of Morgan Stanley Investment Management Limited (“MSIM Limited”) and Sahil Tandon, Managing Director General of MSIM Limited. Mr. Baurmeister has been associated with the Advisor as an investment manager since 1997. Mr. Baurmeister began managing the Funds from their inception. Mr. Mar has been associated with MSIM Limited as investment management since February 2020. Prior to February 2020, Mr. Mar was associated with the advisor as an investment manager from August 2012. Mr. Mar began managing the Fund in December 2014. Mr. Tandon has been associated with MSIM Limited as an investment manager since August 2019. Prior to August 2019, Mr. Tandon was associated with the advisor as an investment from 2004. Mr. Tandon began to manage the Funds in October 2015. Effective immediately, Eric J. Baurmeister will no longer be the portfolio manager of the Funds. Warren Mar and Sahil Tandon will remain the portfolio managers of the Funds.
Morgan Stanley Investment Management, along with its affiliated investment advisory firms, had more than 752 investment professionals worldwide and $ 1.5 trillion in assets under management or supervision as of September 30, 2021. Morgan Stanley Investment Management s ‘strives to provide exceptional long-term investment performance. , a service and a complete suite of investment management solutions to a diverse clientele, which includes governments, institutions, businesses and individuals around the world. For more information on Morgan Stanley Investment Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the firm’s employees serve clients around the world, including businesses, governments, institutions and individuals. For more information on Morgan Stanley, please visit www.morganstanley.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy and there will be no sale of securities in any state in which such an offer, solicitation or sale would be illegal under the laws. on the securities of such a State.
There are risks involved in investing and it is possible to lose money on any investment in the Funds.