Martin Currie has bolstered its Japan desk with a number of appointments following the loss of Japan...
Martin Currie has bolstered its Japan desk with a number of appointments following the loss of Japan fund manager Keith Donaldson who was responsible for running the firm's recently launched long/short hedge fund,
Two senior fund managers, Kevin Troop, formerly head of the Japan desk at Scottish Life, and John Millar, formerly of Colonial First State, have been recruited. Also, Mikiko Ida will join as researcher of small cap stocks in the region. All three will contribute ideas to the running of the portfolio, under the overall guidance of head of desk Michael Thomas.
Donaldson has left to be head of European sales for Japanese products at Merrill Lynch. Running of the hedge fund will be handed over to Michael Thomas, head of the Japan team at Martin Currie, although day-to-day handling of the portfolio will become the responsibility of John Paul Temperly, who has been heavily involved in the running of the fund since inception.
Donaldson said: "I will be sorry to leave Martin Currie but this offer came out of the blue and it seemed simply too good to pass up. I have worked for sell-side brokers all my life until the last four years and look forward to the challenge of this new task. I will be keeping my own money in the hedge fund and after my departure I will probably buy more."
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