WestAM, the EUR40bn fund management arm of Germany's fourth biggest bank, WestLB, has expanded its global emerging markets group with two new hires in London. Glen Prentice and Daniel Tubbs join the group as investment analysts, bringing the total team number to 12.
Prior to WestAM, both worked at consultancies - Prentice at KPMG and Tubbs at Arthur Andersen.
Commenting on the appointments, Allan Conway global head of emerging markets at WestAM, London, said: Emerging markets as an asset class is being increasingly looked at by global institutions attracted by cheap valuations and premium growth in the current low interest rate environment.
We therefore are constantly looking to strengthen our already highly experienced team of professionals in this area.
By Madhu Kalia
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