Thornburg Investment Management (TIM), the USD87bn asset manager, has opened an office in London to enhance its global distribution capabilities.
TIM has appointed Chris Elsmark and Karim Elfar to the newly-created positions of joint managing directors in the firm’s new London office.
The two will lead Thornburg Global Advisors, the London-based entity responsible for the firm’s institutional and professional investor market outside the US. They will report to Peter Trevisani, Thornburg’s head of global distribution and president of Thornburg Global Investment, the Irish-domiciled UCITS range of funds.
Elsmark and Elfar will have the primary responsibility for developing and leading the firm’s franchise outside the US.
“Establishing an office in London, a global financial centre, will enhance the awareness of Thornburg’s investment capabilities internationally and enable us to better serve our clients,” says Trevisani (pictured). “The appointments of Chris and Karim will significantly add to our international distribution expertise and reflects our long-term commitment to serving clients outside the US.”