Fixed Income - Emerging Markets

Michael Hauch
Head of Fixed Income

Michael Hauch is Head of Fixed Income and is furthermore member of the BankInvest Investment Board, which is responsible for global fixed income investments. Michael Hauch has worked with fixed income since 1997. He joined BankInvest in 2004 with primary focus on BankInvest's hedge fund, and in 2008 he was appointed Deputy Head of Fixed Income. Before joining BankInvest he worked as proprietary trader with focus on the European fixed income market and in Nordea's fixed income division as an advisor for the Danish institutional client base.

Troels Halck Pedersen
Chief Portfolio Manager
M.Sc. in Economics

Troels Halck Pedersen is responsible for macroeconomic analysis including analysis of debt dynamics in emerging markets and analysis of international bonds and currencies. Previously, Troels Halck Pedersen was an assistant researcher for three years with Odense University and a researcher for two years at the European University in Florence. Subsequently, he worked with Danish banks in the field of macroeconomics and bonds for more than 10 years. Before joining BankInvest in 1997, Troels Halck Pedersen was head of finance at The Danish National Research Foundation.

Søren Bertelsen, CFA
Chief Portfolio Manager
M.Sc. in Economics and Business Administration

Søren Bertelsen is responsible for corporate bonds in the emerging market fixed income portfolios. Before joining BankInvest, he was a portfolio manager at Danske Capital responsible for equity investments in Latin America. He holds a CFA Charter and is a member of the education committee in the Danish Society of Financial Analysts. Søren Bertelsen has been with BankInvest since 2000.

Lars Krabbe
Senior Portfolio Manager
M.Sc. in Economics

Lars Krabbe is a member of the emerging market fixed income team where he mainly covers the Latin American sovereign part of the portfolio. This includes research of macroeconomic development, debt dynamics and more specific fixed income analysis. Lars Krabbe has 17 years of experience working within macroeconomic research and fixed income products, including six years as a portfolio manager in fixed income emerging markets. He joined BankInvest in October 2007.

Chresten Hagelund
Senior Portfolio Manager
M. Sc. in Finance and Accounting

Chresten Hagelund manages the investments in corporate bonds in the emerging market universe. He is primarily responsible for the CEEMEA region. Previously, he was senior advisor at HSH Nordbank and has experience with structuring and managing CDO portfolios. During his studies, he was a case writer for University of Western Ontario on topics as real options and equity valuation. He joined BankInvest in 2006.

Eva Kobeja, CFA
Portfolio Manager
M.Sc. in Business Administration

Eva Kobeja manages the investments in sovereign bonds and foreign currencies in the emerging markets universe. She is mainly focused on the Asian sovereigns. Eva obtained her M.Sc. in economics and finance from the Copenhagen Business School, and she is a CFA Charterholder. Eva Kobeja has previously worked at Saxo Bank and joined BankInvest in 2006.


Global Fixed Income Investment Grade Corporates Emerging Markets Ethical Management Fixed Income - Emerging Markets Michael Hauch Head of Fixed Income Michael Hauch is Head of Fixed Income and is furthermore member of the BankInvest Investment Board, which is responsible for global fixed income investments. Michael Hauch has worked with fixed income since 1997. He joined BankInvest in 2004 with primary focus on BankInvest's hedge fund, and in 2008 he was appointed Deputy Head of Fixed Income. Before joining BankInvest he worked as proprietary trader with focus on the European fixed income market and in Nordea's fixed income division as an advisor for the Danish institutional client base. Troels Halck Pedersen Chief Portfolio Manager M.Sc. in Economics Troels Halck Pedersen is responsible for macroeconomic analysis including analysis of debt dynamics in emerging markets and analysis of international bonds and currencies. Previously, Troels Halck Pedersen was an assistant researcher for three years with Odense University and a researcher for two years at the European University in Florence. Subsequently, he worked with Danish banks in the field of macroeconomics and bonds for more than 10 years. Before joining BankInvest in 1997, Troels Halck Pedersen was head of finance at The Danish National Research Foundation. Søren Bertelsen, CFA Chief Portfolio Manager M.Sc. in Economics and Business Administration Søren Bertelsen is responsible for corporate bonds in the emerging market fixed income portfolios. Before joining BankInvest, he was a portfolio manager at Danske Capital responsible for equity investments in Latin America. He holds a CFA Charter and is a member of the education committee in the Danish Society of Financial Analysts. Søren Bertelsen has been with BankInvest since 2000. Lars Krabbe Senior Portfolio Manager M.Sc. in Economics Lars Krabbe is a member of the emerging market fixed income team where he mainly covers the Latin American sovereign part of the portfolio. This includes research of macroeconomic development, debt dynamics and more specific fixed income analysis. Lars Krabbe has 17 years of experience working within macroeconomic research and fixed income products, including six years as a portfolio manager in fixed income emerging markets. He joined BankInvest in October 2007. Chresten Hagelund Senior Portfolio Manager M. Sc. in Finance and Accounting Chresten Hagelund manages the investments in corporate bonds in the emerging market universe. He is primarily responsible for the CEEMEA region. Previously, he was senior advisor at HSH Nordbank and has experience with structuring and managing CDO portfolios. During his studies, he was a case writer for University of Western Ontario on topics as real options and equity valuation. He joined BankInvest in 2006. Eva Kobeja, CFA Portfolio Manager M.Sc. in Business Administration Eva Kobeja manages the investments in sovereign bonds and foreign currencies in the emerging markets universe. She is mainly focused on the Asian sovereigns. Eva obtained her M.Sc. in economics and finance from the Copenhagen Business School, and she is a CFA Charterholder. Eva Kobeja has previously worked at Saxo Bank and joined BankInvest in 2006. BankInvest