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Alastair Barrie joins in the newly created role of global head of hedge fund sales and Clayton Cheek joins as US head of hedge fund sales. Both bring with them extensive business development experience and join existing sales director, Mike Gibb.

Alastair joins Martin Currie from RBS where he was director of institutional business. In this new position at Martin Currie he will be responsible for growing their global hedge fund business. Prior to RBS Alastair was director of global hedge fund sales and UK wholesale distribution at Henderson. Joining on 1 September, he will be based in Martin Currie’s London office and report to Allan MacLeod, managing director of sales, marketing and client service.

Clayton joins Martin Currie’s office in New York. Previously he worked for Man Investments in New York where he was head of institutional sales for the US. Prior to Man, he was managing director, head of client development Americas for Ivy Asset Management. Also joining on 1 September, Clayton will report to Alastair and be responsible for hedge fund sales across America.

Commenting on these appointments, Allan MacLeod, managing director of sales, marketing and client service at Martin Currie said: “We are thrilled that Alastair and Clayton are joining our successful and growing hedge fund business. These two significant senior appointments, together with Mike Gibb, director of European hedge fund sales who joined us in 2005, clearly demonstrate our long term view, commitment and confidence in the market particularly at a time when many client/provider relationships have been severely challanged. With our relentless focus on client service we have attracted a lot of interest and new clients. Our hedge fund business is now over nine years old and has over US$1 billion under management across ten funds. It is a clear reflection on the quality of our business that we have been able to attract such high calibre professionals.”

On joining Martin Currie, Alastair said: “Last year Martin Currie proved their ability to protect capital in a severe downturn - having already built a reputation for making money in a rising market. In every strategy with a three year record an absolute return was achieved even though every underlying equity market had fallen in value. I am very excited to be joining a company which combines the best attributes for clients seeking long term asset managment providers - great performance, solid processes, transparency and integrity. This coupled with the private employee ownership means clients and Martin Currie are "in it together" - where often the best relationships are formed.”

On joining Martin Currie, Clayton said: “I am very much looking forward to working as part of the team. Martin Currie has been registered with the SEC since 1978, active in the US for several decades, and compiled an impressive list of investors. US institutions are increasingly demanding transparency, dependable processes, and an alignment with clients' interests (especially liquidity). These are all areas where Martin Currie has invariably delivered. Combining unwavering operational proficiency with persistent alpha generation, creates a strong proposition for me to offer throughout America.”

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Martin Currie is a specialist active equity manager. From our headquarters in Edinburgh, we manage £10.7 billion (US$18.0 billion)* for clients worldwide, including financial institutions, charities, foundations, pension funds and investment trusts.

We have over nine years’ experience running absolute return funds with assets under management of US$1.2 billion as at 1 August 2009. We currently manage nine single strategy equity long short funds covering Japan, Asia, Greater China, Europe, Equity Market Neutral, Global Resources, Global Energy, Global Financials and Global TMT. We also manage a diversified equity long/short fund – Omnium – which invests in our entire absolute return fund range. For further information please contact: Lisa Sandells, lsandells@martincurrie.com, Tel: +44 (0)7825 971423.

www.martincurrie.com

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