Andrew Ness, Jeff Casson, Divya Mathur and Mohammed Zaidi were named investment managers on Martin Currie Investment Management’s global emerging markets equity team, confirmed Andy Sowerby, managing director of sales, marketing and client service.
The positions are new. They will join the firm this fall. The four are currently investment directors at Scottish Widows Investment Partnership.
Martin Currie announced last month that it was separating its global emerging markets equity business from its Asian equities business, naming Kim Catechis as head of global emerging markets equities and Alastair Reynolds as research manager; both will begin Nov. 1.
Messrs. Catechis and Reynolds also will join from SWIP; Mr. Catechis was head of global emerging markets equities, while Mr. Reynolds was lead manager of the global emerging markets smaller-companies and specialist central and eastern European mandates. SWIP announced it combined its global developed and emerging markets equities businesses into a single international equities one following a strategic review, and that Mike McNaught-Davis would become head of international equities. Previously, he was investment director at SWIP. Paula Sutherland, SWIP spokeswoman, said in an e-mail response to questions that the four emerging markets positions would not be directly replaced but that Mr. McNaught-Davis “will of course be looking to strengthen his team to ensure we are able to grow and develop our International Equities business.”
Martin Currie managed £11.8 billion ($17.8 billion) as of March 30, about £9 billion of which was in Asian equities. However, the firm ran just $300 million in global emerging markets.
