Insparo Asset Management has bolstered its investment and research team with the appointment of Mahan Namin as assistant portfolio manager.
Namin has been brought in to help the firm expand further into the area of foreign exchange and rates trading and research, across both equities and credit. He will focus specifically on research, idea origination and trading, and will also assist in the firm’s overall macro risk management.
Namin joins Insparo from JP Morgan in London where he had been an FX options trader since 2005. At JP Morgan, his responsibilities included trading the USD/CAD book, where he was both market making and managing the portfolio’s risk. He also assisted on the firm’s Major-USD book, where he was responsible for market making, pricing and risk management of both vanilla and exotic derivatives, as well as risk-management of the portfolio’s interest rate exposure.
Mohammed Hanif, chief investment officer at Insparo, says: “Mahan is well respected within the industry and we happy that he has decided to join us. His appointment allows us to focus more prominently on areas such as foreign exchange and rates, trading and research. As the local market asset class develops and the product range for hedging specific macro risks relevant to our investments increases, we shall be looking to take a more sophisticated approach to these areas.”
The Insparo Africa and Middle East Fund currently has USD150m of assets under management.