OMGI poaches Nomura trio to run global EM fund

Old Mutual Global Investors has hired Nick Payne, Salman Siddiqui and Liz Fernandes of Nomura Asset Management team to oversee its Global Emerging Markets Equity Fund mandate.

OMGI poaches Nomura trio to run global EM fund
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OMGI has also said that the team will use a fundamental research-based approach coupled with a long-term view.  

CEO Richard Buxton said: “We are thrilled that Nick, Salman and Liz are joining OMGI to establish our global emerging markets desk.

“Having worked together for a number of years, they have developed a proven investment process, achieving returns from an asset class that is often underrepresented in investors’ portfolios.  

“Clients in the Old Mutual Global Emerging Markets Fund are set to gain from the oversight of this experienced team, benefiting from their extensive market knowledge and established approach to running flexible and unconstrained portfolios.”