Mark Latham has joined Odey Asset Management to launch a new global equity hedge fund. Crispin Ode...
Mark Latham has joined Odey Asset Management to launch a new global equity hedge fund. Crispin Odey, chief executive of Odey Asset Management, and Latham worked together at Baring Asset Management. Latham has a 17-year track record covering the US, Emerging Markets, UK, Europe and Resources.
The Odey Latham Global hedge fund will target double-digit returns with low volatility in any market conditions. Investors will include institutions, fund of funds and private individuals. Latham is not worrying about capping the size of the fund initially, but noted that when the fund grew to triple digits he would reconsider capping it.
Merrill Lynch Investment Managers has appointed Sam Crocker, formerly a marketing manager at Chase Fleming Asset Management, as its UK broker marketing manager.
Crocker, who worked for 10 years at Save & Prosper/Fleming, a wholly owned subsidiary of Chase Fleming Asset Management, will be responsible for literature and product development marketing at Merrill Lynch. She will also manage Merrill Lynch's Isa campaign for brokers and act as the point of contact for third party distribution sales teams.
The role has been created specifically for Crocker. Merrill Lynch Investment Managers, which derives around 80% of its unit trust sales in the UK through independent financial advisers, said that it established the position to bolster its presence in the sector.
Alexander Mann Global Markets, the financial services specialist recruiter, has appointed Fenella Goddard as principal of its special human resources executive search practice. Goddard joins from Courtenay, the human resources search and selection constancy, where she was a senior consultant, most recently focusing on the financial and professional services sectors.
At Alexander Mann, she will concentrate on senior generalist human resources and specialist appointments, including compensation and benefits, learning and development, recruitment and resourcing. Her specialist human resources career began at international training and branding consultancy The Forum Corporation, where she was European Resourcing manager.
Lloyd George Management, the specialist fund manager which focuses on Asian and global emerging markets, has made two appointments in London. Dominic Johnson has been hired as director of marketing, a new role developed due to the firm's plans to offer new emerging markets and hedge funds over the next year. His brief is to beef up LGM'S institutional client base in preparation for the fund launches. He will work alongside the retail marketing team, which is headed by Andrew Atkins and Katherine Turner.
Johnson was previously at AssetLine, a pan-Asian construction equipment web company, where he was responsible for fund raising and operational management. Prior to that he worked at Robert Fleming Far East Equities in London and Jarding Fleming in Hong Kong.
LGM has also appointed Cristina Jack as a Latin American analyst. She was previously part of the Latin America research team at Banco Santander in Venezuela and also at Robert Fleming in New York. Jack will focus on Mexico, Brazil and Chile and will be jointly responsible for research on Colombia, Venezuela and Peru alongside Patricia Harriet Mahaney. Both Johnson and Jack will report to Jacob Rees-Mogg, director of LGM.
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