Van Eck Global - Since 1955

Investment Teams

Eric Fine Team Photo
Van Eck's emerging markets bond investment team seeks exposure to emerging markets fundamentals, generally characterized by lower debts and deficits, higher growth rates and independent central banks. They can invest in debt securities that are issued by governments, quasi-government entities or corporations in emerging markets countries. These securities may be denominated in any currency, including those of emerging markets. Eric Fine, a veteran of emerging markets, is the Fund's portfolio manager and is supported by chief economist, Natalia Gurushina, deputy portfolio managers, Carlos Nogueira and David Austerweil, and corporate analyst, Celina Merrill. 
Eric Fine
Eric Fine
  • Joined Van Eck in 2009
  • Serves as Portfolio Manager for Van Eck's unconstrained emerging markets bond strategies
  • Prior to joining Van Eck, managed Morgan Stanley's Emerging Markets Proprietary Trading group for 4 years
  • Previously managed Morgan Stanley's Global Emerging Markets Economics and Strategy research group for 10 years. Established Morgan Stanley's Europe, Middle East, Africa (EMEA) Economics and Strategy research group
  • Previously advised numerous governments on their economic policies and debt profiles; rescheduled sovereign debts in countries such as Turkey and the Dominican Republic
  • Established a telecommunications company in Russia that built the country's first securities clearing system
  • MPP, International Trade/Finance, Harvard University, 1989; BA, Public Policy, Duke University, 1987

Natalia Gurushina
Natalia Gurushina
  • Joined Van Eck in 2013
  • Serves as Economist for Van Eck's unconstrained emerging markets bond strategies
  • Prior to joining Van Eck, worked for Roubini Global Economics, where she was responsible for EM FX/FI and G10-FX Strategy
  • Earlier career experience includes Pantera Capital (a Tiger spin-off) and Deutsche Bank
  • PhD, Economic History, University of Oxford, 1995; BA, Economics, Moscow State University, 1989

Carlos Nogueira
Carlos Nogueira
  • Joined Van Eck in 2009
  • Serves as Deputy Portfolio Manager for Van Eck's unconstrained emerging markets bond strategies, focusing on operations and trading
  • From 2005 to 2008, was a member of the Morgan Stanley Risk Committee and was the risk monitor for the Emerging Markets, Foreign Exchange, and Strategic trading desks
  • From 2002 to 2005, established a trading flows monitoring program, which integrated, tracked, and analyzed trading flows across multiple trading platforms
  • From 1994 to 2002, managed an index and quantitative analysis group for emerging markets and high yield, which created indices that were used as benchmarks by Barclays Global Investors
  • Previously served as Quantitative Analyst for Morgan Stanley’s emerging markets and equity groups
  • PhD, Neuroscience, Boston University, 1994; MS, Computer Science, National Institute of Space Research, 1989; BS, Electrical Engineering, Federal University of Minas Gerais (Brazil), 1985

David Austerweil
David Austerweil
  • Joined Van Eck in 2012
  • Serves as Deputy Portfolio Manager for Van Eck's unconstrained emerging markets bond strategies, focusing on quantitative analysis
  • Prior to joining Van Eck, was a Vice President at ING Financial Services on the Emerging Markets Credit Trading & Structuring desk
  • Previously was a member of the Portfolio Management team at The Rohatyn Group, covering global emerging markets credit, including sovereign bonds, corporate bonds and CDS; specialized in building quantitative frameworks for the investment process
  • Previously a Director in the Quantitative Financial Research group at Fitch Ratings. Built one of the first industry models to statistically quantify the credit risk of U.S. commercial real estate loans
  • Began his career as an Analyst in the Municipal Finance Department at Goldman Sachs
  • MS, Financial Engineering, Columbia University, 2006; BA, Computer Science, Columbia University, 2002

Celina Merrill
Celina Merrill
  • Joined Van Eck in 2014
  • Serves as Corporate Analyst for Van Eck's unconstrained emerging markets bond strategies with a specialized focus on international corporate debt
  • Prior to joining Van Eck, Director at Credit Suisse's Emerging Markets Desk, responsible for covering Latin American corporate bond issuers
  • From 2007 to 2009, Senior Research Associate, TPG Credit Management; from 2004 to 2007, Research Associate, Greywolf Capital Management; from 1999-2001, Analyst, Fixed Income and Investment Banking programs at Goldman, Sachs & Co.
  • MBA, Finance, The Wharton School, University of Pennsylvania, 2004; BA, Economics and International Relations, Yale University, 1999