Morgan Stanley Investment Management Announces Portfolio Management Change for Morgan Stanley Emerging Markets Debt Fund, Inc. and Morgan Stanley Emerging Markets Domestic Debt Fund, Inc
November 16, 2021 at 02:45 am IST
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Morgan Stanley Investment Management announced a portfolio management change for Morgan Stanley Emerging Markets Debt Fund, Inc. and Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. The current members of the team jointly and primarily responsible for the day-to-day management of the Funds are Eric J. Baurmeister, a Managing Director of the Adviser, Warren Mar, a Managing Director of Morgan Stanley Investment Management Limited (“MSIM Limited”) and Sahil Tandon, a Managing Director of MSIM Limited. Mr. Baurmeister has been associated with the Adviser in an investment management capacity since 1997. Mr. Mar has been associated with MSIM Limited in an investment management capacity since February 2020.
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income, with a secondary investment objective of long-term capital appreciation. The Fund seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its managed assets in emerging markets domestic debt. The Fund invests in the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Treasury Securities Portfolio, an open-end management investment company managed by the Adviser. The Fund's sector allocation includes Sovereign Non Brady, Quasi-Sovereign, Other, foreign exchange (FX), Derivatives, Corporate Bond and Cash. The Fund invests in various countries, including South Africa, Indonesia, Malaysia, Colombia, Mexico, Hungary, Brazil and Poland. The Fund's adviser is Morgan Stanley Investment Management Inc.
Morgan Stanley Investment Management Announces Portfolio Management Change for Morgan Stanley Emerging Markets Debt Fund, Inc. and Morgan Stanley Emerging Markets Domestic Debt Fund, Inc
MORGAN STANLEY EMERGING MARKETS DOMESTIC DEBT FUND, INC. 
