GLG hires emerging markets veteran provided by Hermes

GLG hires emerging stores veteran from Hermes iPhone 5S case

Samir Patel, who has managed emerging markets means at firms including Polar and so Pictet, has joined GLG Dates.

The group has hired Patel provided by Hermes iPhone 5 case, where he had been emerging stores director since 2009, and he are doing fine on the equity long/short team might GLG.

At Hermes, Patel customers Citywire AA-rated Gary Greenberg and even Latin American investments within the five hundred dollar million Hermes Global Emerging Opportunities fund.

This fund has given back 23. 4% over the past three years, top-quartile in its sector where the peer-group medium for the period is 10. 62% in USD terms.

Hermes achieved recruited Patel from Polar Budget, where he had managed its Latina American fund, which was subsequently not open.

Prior to Polar, where he worked anywhere between 2006 and 2009, Patel shared a year as senior investment feature at Charlemagne Capital running the actual Magna Latin American fund.

Patel began his investment career might Pictet in 1995, where he was obviously a senior investment manager responsible for Latina America after spells covering The old continent, the Middle East and Africa in addition India.

GLG liquidated its international emerging market equities in August a year ago, just nine months after establishing it.

However , it unveiled a meaningful multi-asset emerging markets strategy recording, to be managed by Kumaran Damodaran.