Martin Currie announces key hire
Martin Currie, an active equity specialist under Legg Mason, has appointed Zehrid Osmani to lead its global long-term unconstrained (GLTU) team and to help build the firm’s presence in the institutional and wholesale markets.
Osmani, who is based in Edinburgh, would report to head of investment, John Pickard, and would replace Tom Walker, who stepped down as team head as part of a succession plan.
Osmani has 20 years of experience and joined from BlackRock where he was part of a European equity franchise. He was also responsible for managing a number of pan-European equity funds at BlackRock, with a focus on managing unconstrained, high-conviction, long-term portfolios, driven by fundamental research.
Prior to this, he worked at Scottish Widows Investment Partnership (SWIP) where he managed equity portfolios, and he also served as a specialist sector analyst at Commerzbank Securities, UBS Warburg, and Credit Lyonnais.
“He is the perfect fit with our investment philosophy and our ambition to accelerate the growth in our assets under management,” Pickard said.
“Witch such a well-established career in equity investment, he brings experience in high-conviction portfolio construction, team leadership, and business development.”
Martin Currie currently manages over US$500 million in its GLTU strategies and oversaw a total of US$19 billion in assets under management as at the end of March, 2018, across its four key strategies: market aware, long-term unconstrained, sustainable income and growth, and absolute returns.
Recommended for you
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
Ares Management has announced a new offering aimed at providing Australian wholesale clients, investors access to its private equity investment strategies, anchored in secondary investments.