Mirabaud builds emerging markets team for Tubbs
Geneva-based Mirabaud Asset Management has recruited three investment analysts in London to support Daniel Tubbs to manage a long-only Ucits investment fund, which will focus on emerging market equities.
The Luxembourg fund was launched on July 2 and is under the umbrella of Mirabaud Asset Management (Europe) S.A.
Victor Benavides joins from Amiral Gestion, where he was a buy-side equity analyst specialising in Latin America. Charles Walsh joins from Hermes, where he was South Asian portfolio manager for Hermes’ global emerging markets equity portfolios. And Neville Shaw joins from Baring Asset Management, where he was investment manager on EMEA equities.
The Mirabaud Global Emerging Markets fund aims to outperform the MSCI Total Return Emerging Market Index by 3% per annum on a rolling three-year basis.
Mirabaud said it is committed to developing its range of funds and is building on its competitive advantages to meet client needs. The formation of this emerging markets team and the launch of the Ucits investment fund are part of this strategy, a statement said.
“Our asset management division is successful, growing fast and is a key pillar of Mirabaud’s global strategy. The arrival of this team will enhance our offering and marks only the first step in our drive to grow our range of funds and to attract talented people,” said Lionel Aeschlimann, partner and head of asset management at Mirabaud.
With operations in London, Paris, Montreal, Barcelona, Zurich and Geneva, the Mirabaud Group’s asset management division focuses on investment management and advisory services, as well as the development, management and distribution of products.
Its range at present comprises active management of equity funds (Switzerland, UK, France, Spain, Europe, North America, Asia, emerging markets, global ) favouring alpha generating strategies, bond management, including convertible bonds and alternatives, where the group has over 40 years’ experience and several billion dollars under management.
Mirabaud & Cie, established in Geneva in 1819, now runs three business lines: private banking (portfolio management, investment advice and services to independent asset managers); asset management (Institutional management, fund management and distribution); and intermediation (brokerage, corporate finance and debt management).