Hermes gems expands team

Hermes’ Global Emerging Markets division has announced the appointment of two new analysts, Stephen Yan and Kunjal Gala, who will work on the Emerging Asia Fund and Latin America and EMEA research respectively.

Hermes gems expands team

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Both Yan and Gala will be based in London and report into Gary Greenberg, head of Hermes GEMs.

Prior to joining Hermes GEMs Yan was an equity research analyst with Nomura covering the energy, materials and healthcare sectors.

Meanwhile, Gala worked for Her Majesty’s Government as an assistant director in The Shareholder Executive, the in-house portfolio management and corporate finance arm of the UK government. Before this, he was a senior financial analyst at Morgan Stanley Investment Banking.

Greenberg, said: "Hermes was one of the first asset managers to see the potential of emerging markets, launching its portfolio in 1993. Our success is based on strong performance from a pragmatic approach tailored to the needs of long-term investors.

"It is with great pleasure that I welcome Stephen and Kunjal to Hermes GEMs. We are fortunate that we continue to attract and retain some of the best-in-class talent in the industry."

As at 31 December Hermes GEMs had $800m in assets under management.

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