Man GLG, the discretionary investment management business of Man Group, has appointed Simon Pickard and Edward Cole as portfolio managers of the soon to be launched Unconstrained Emerging Equity strategy.
Pickard and Cole join the firm from Carmignac Gestion, a leading European asset manager, and they bring 32 years of combined experience in financial markets.
Pickard was formerly head of emerging market equities at Carmignac Gestion, running its large and mid-cap Global Emerging Markets funds for the last six years. Pickard has worked in finance across EMEA and the Emerging Markets for over 18 years. He previously worked for Jupiter Asset Management and Argos Investment Managers.
Cole was formerly a portfolio manager at Carmignac Gestion, co-running its Emerging Market multi-strategy fund. He has 14 years of experience in financial markets and has previously worked as a co-manager for emerging markets funds at Ashmore Group and Finisterre Capital. Prior to this he spent seven years as a sell-side equity strategist for JP Morgan Securities and Unicredit.
Teun Johnston, co-CEO of Man GLG, says: “Launching an Unconstrained Emerging Equity strategy forms a key pillar in the development of Man GLG’s Long Only business. Simon and Edward are highly experienced investors and will be a great addition to our firm as we expand our investment capability and product offering. We are delighted to welcome Simon and Edward to Man GLG.”
Pickard says: “We and Man GLG believe the investment opportunity in emerging markets is significant, providing us with the potential to generate attractive risk-adjusted returns for investors. As such, Edward and I intend on making substantial personal investments in the strategy. I am very much looking forward to working with a team that has such a strong track-record and collaborative culture.”
Cole adds: “Man GLG’s global expertise and culture of ideas-sharing, supported by Man Group’s operational infrastructure and distribution capabilities, make this an exciting opportunity for Simon and me. We are both very excited to launch the strategy at Man GLG and look forward to working alongside Teun and his team.”