A high-performing stock picker on Martin Currie’s flagship emerging market equity strategy has left the firm after eight years.
Citywire AAA-rated Andrew Ness, a global emerging markets portfolio manager, will leave the firm to ‘take up a new opportunity in the industry’ having joined the business in 2010 from SWIP.
Ness was also responsible for financials-sector research at the firm.
Meanwhile Paul Sloane, formerly co-manager of Martin Currie’s global alpha strategies alongside Chris Connor, has returned to the firm after a year out of the industry to do charity work.
He will return to the business as part of the firm’s global emerging markets team as a portfolio manager.
Sloane spent 14 years at Martin Currie before taking a sabbatical, having joined in 2003 from Deutsche Bank. Before that, he worked at Standard Life Investments.
Commenting on Sloane’s return, chief executive Willie Watt said: ‘As we continue to build our global distribution momentum, we are seeing strong demand for our established global emerging markets proposition from wholesale and institutional investors.
‘Paul’s arrival is part of a programme of further building out the GEMs team to meet the needs of our international client base.’
Martin Currie has made a series of senior hires this year, including former blockbuster long/short manager Zehrid Osmani from Blackrock as head of the global long term unconstrained team.
Former Old Mutual Global Investors boss Julian Ide also joined the firm in June as head of distribution and strategy.