Benedicte Gravrand, Opalesque Geneva: Simon Pickard and Edward Cole have just joined Man GLG, the discretionary asset management arm of Man Group plc, to manage a new unconstrained emerging market equity fund.
According to Man’s announcement today, the managers gather a total of 32 years of financial markets experience, most recently at Carmignac Gestion, a European investment firm with €58bn in AuM.
At Carmignac, Pickard was in charge of the emerging markets equity strategy, and managed the Large and Mid-Cap Global Emerging Market funds for six years. Before that, he was at Jupiter Asset Management and Argos Investment Managers.
Cole also managed funds at Carmignac, and co-managed the Emerging Markets Multi-Strategy fund. Previously, he worked at Ashmore Group, Finisterre Capital, JP Morgan Securities and Unicredit.
Teun Johnston, co-Director at Man GLG, will oversee them. He said the launch of the equity strategy Emerging Markets unconstrained was a major step in the development of Man GLG’s long-only funds range.
Unconstrained investing means not following a benchmark.
Emerging-market stocks fell to a two-week low as concern grew that new initial public offerings in China will divert funds from existing shares, reported Bloomberg yesterday. The MSCI Eme...................... To view our full article Click here
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