Rashique Rahman Joins Morgan Stanley

London —

Morgan Stanley (NYSE: MS) announced today that Rashique Rahman has joined the Firm as a Managing Director and Global Head of Emerging Markets Fixed Income Strategy.

Based in London, Mr. Rahman will be responsible for fixed income strategy research for emerging markets as part of the Global Fixed Income Research team.  He will report to Jim Caron, Global Head of Interest Rate Strategy.

Commenting on the appointment, Jim Caron said, "We are delighted that Rashique has joined Morgan Stanley.  His appointment brings extensive expertise within emerging markets to the Firm while enhancing our fixed income research offering to investors."

Mr. Rahman joins Morgan Stanley from Armored Wolf where he was an emerging markets co-portfolio manager.  Prior to this, he was the Chief Emerging Markets Strategist and Head of Emerging Markets Research at Royal Bank of Scotland.  He also ran Global Emerging Markets Fixed Income Strategy at HSBC and held various other emerging markets positions at firms including Citigroup and Deutsche Bank.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 36 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.

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