EM boutique Insparo builds investment team ahead of fund launch
Insparo, the London-based emerging markets specialist, has appointed Cian Walsh as a senior portfolio manager.
Walsh joins Insparo from BlueBay, where he was a portfolio manager and part of the firm’s investment committee. He will initially be overseeing the launch of a new local markets fund, expected for later this year.
Walsh said: “In the short time since its launch the firm has established itself as one of the most dynamic managers investing in next generation markets. The reason for this, I believe, is the sophistication of their approach to their target investment countries. Similarly, success in local markets relies on taking individual markets on their relative merits, understanding each one thoroughly, and being able to consistently exploit the many opportunities available within a risk controlled environment. Insparo has shown its ability to do that, and I hope to be able to add to the team’s extensive knowledge of, and expertise in, the world’s developing markets.”
Walsh will report to CIO Mohammed Hanif, who manages the firm’s existing funds, the Insparo Africa Equity Fund and the firm’s flagship Insparo Africa and Middle East Fund.
Hanif said: “The investment team we have assembled has over 60 years emerging and frontier markets experience, gained at some of the biggest money managers in the world. It is an extremely high calibre team, and Cian is an excellent addition to it. I know him well from my own days at BlueBay’s EM team, and prior to that at Dresdner. I am very pleased to be able to welcome him to Insparo. He will be instrumental in our push into new investment markets and territories, and we look forward to him helping us bring our successful philosophy to a wider audience of investors.”