Following its purchase by American Express, Threadneedle has hired a slew of new people including Jeremy Podger from Investec Asset Management, it has created a new global emerging markets desk and is set for further fund launches.
Podger will become lead manager for the Threadneedle Global Select Growth Funds, taking over from chief investment officer Sarah Arkle. He was previously head of Continental European institutional equities at Investec Asset Management and has more than 16 years experience in the business.
The new global emerging markets desk is to be headed up by Julian Thompson, who joins Threadneedle from American Express. The team will look at developing new products for the market and draw on the resources of Threadneedle"s teams focused on Latin America and the smaller Asian and Eastern European markets.
Jules Mort will also join the global emerging markets team as Latin American fund manager. He will take over as fund manager on the Threadneedle Latin America Growth Fund as well as providing research for the global emerging markets product.
Dominic Rossi will become deputy manager on the fund and will also focus on segregated Latin American Accounts supported by Jules Mort and Julian Thompson.
In the global equities team Andrew Holliman is to become fund manager. He joins from Baillie Gifford where he was previously investment manager on the North American desk. Chris Varco is to be graduate fund manager trainee.
Ed Gaunt is to be fund manager in the Japanese team. He joins from American Express and previous positions include being head of Japanese institutional for Scottish Widows. Gaunt has more than 17 years investment experience and has worked in Tokyo for more than five years.
Mike Corcell is to be fund manager on the US team. He joins from Karsch Capital and has experience managing US equities in both long only and hedge funds.
Dominic Rossi, head of international equities, said: "Our team-based investment process is not changing nor will these developments impact our pan-European investment teams.
"However, our capacity to run global mandates in both the mainstream and emerging markets is much enhanced. We have been steadily building up our teams over the past four years and we are now ready to draw on these resources to develop the offerings to American Express clients."
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