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For institutional investors in Finland

Bent Lystbaek

Portfolio Manager

Bent Lystbaek is a Portfolio Manager on the Emerging Markets Debt Hard Currency (EMD HC) Team at Janus Henderson Investors. Prior to joining the firm in 2022, he was a co-lead portfolio manager at Danske Bank Asset Management, where he contributed to the launch of the EMD HC strategy in 2013. Before that, Bent was first vice president at Danske Capital from 1998, most recently as head of corporate bonds. Earlier, Bent was with Lønmodtagernes Dyrtidsfon (LD Pensions) for eight years, serving as fixed income portfolio manager from 1990 to 1992 and then head of fixed income from 1992 to 1998. Bent began his career as a fixed income analyst at Andelsbanken (later merged with Unibank and now called Nordea) in 1986.

Bent holds an MSc degree in economics from the University of Copenhagen. He has 38 years of financial industry experience.

Articles Written

Resilient emerging markets debt faces US policy uncertainty in 2025
Features & Outlooks

Resilient emerging markets debt faces US policy uncertainty in 2025

Moderating albeit resilient US growth and monetary policy easing sets a constructive external backdrop for emerging markets debt hard currency (EMD HC), but whether that continues will be driven by US policy. The EMD HC team explore how the asset class performed in Trump 1.0 and if there are any lessons to be learned for 2025.

The case for emerging markets debt hard currency investing
Analysis & Studies

The case for emerging markets debt hard currency investing

Capturing yield, diversification, and growth from their fixed income allocations is a challenge facing investors. How does the emerging markets debt hard currency asset class stack up?

Emerging Markets Debt: a bright spot despite an uncertain macro picture
Timely & Topical

Emerging Markets Debt: a bright spot despite an uncertain macro picture

The Emerging Markets Debt Hard Currency Team see tailwinds for the asset class even amid an outlook of global uncertainty.