UK - F& C Management and ISIS Asset Management have announced the details of its emerging equities and strategy teams when the merged group comes into being next month.
The company, to be named F&C Asset Management, will be a pan-European fund manager with £118.2bn in assets.
The 14-strong emerging equities team will be headed up by Humphrey Carey and will include fund managers Rupert Brandt, Douglas Helfer, Nick Timberlake, Stephanie Wu, Omar Negyal and Sam Mahtani, the two companies said in a joint statement.
Tony Broccardo (pictured) will take on the role of chief investment officer for the merged company.
The new company’s 12-member strategy team, to be led by Paul Niven, will operate out of offices in London and Amsterdam.
Michel de Groot will head a team of strategists in Amsterdam, including an analyst responsible for asset liability modelling. Steven Andrew has been appointed as macro economist for the group and the F&C fund of funds team, led by Richard Philbin, will sit within the strategy team.
“Across our client base, both institutional and retail, we have a number of products and mandates that benefit significantly from getting key asset allocation decisions right,” commented Broccardo.
“We are therefore placing a considerable resource behind economic research, asset allocation, market strategy and asset liability modelling.
“We also see greater future demand for multi-asset products. Because we anticipate lower overall market returns than in the past, products which aim to add value by tactical asset allocation decisions are going to become increasingly popular.”
F& C Management manages more than e82bn for both institutions and individuals in the UK and Europe. ISIS is one of the UK’s largest fund managers with more than £62.3bn in assets under management as at June 30, 2004.
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