A three-person team from GML Capital, a London-based emerging markets trade-finance manager, joined Federated Investors (UK).
Dalia Kay and Patrick Bayliss were named vice presidents, while Antriksh Gautam was named consultant. All three were trade-finance portfolio managers at GML.
The positions are new, according to James Heaton, Federated senior vice president and national sales manager.
GML subadvises Federated on emerging markets trade-finance investment funds, Mr. Heaton said.
The three from GML will “most likely be replaced,” but a decision has not yet been made, said Janis Brady, co-chief operating officer and head of investor relations at GML Capital.