Sunday, 1 February 2015
Last updated 1 day ago
Sep 6 2010 | 8:39am ET
London-based Insparo Asset Management has appointed emerging markets veteran Graham Stock as chief strategist.
Stock will join the core management team, led by CIO Mohammed Hanif, which will be responsible for plotting the firm’s strategic investment direction as it enters its third year. Primarily, he will be responsible for generating trading ideas and thematic strategies to capture the opportunities presented by Africa and the Middle East.
Insparo’s Africa and Middle East Fund has registered outstanding performance since launch, returning over 43% in the last 18 months and significantly outperforming the MSCI Frontier Market Index over the same period.
Stock spent the last twelve years at JPMorgan in a range of senior roles with responsibility for areas such as CEEMEA FX strategy in London and Latin American sovereign strategy in New York. For the last three years at JPMorgan, he has led an expansion of the research output and business activity in frontier markets in Africa.
“With Africa and the Middle East accelerating out of the downturn faster than the vast majority of global markets, there is a wealth of opportunity available for our strategy," said Hanif. "Identifying and capturing those opportunities early is the key to making the most out of them. Graham’s firsthand knowledge and experience of emerging markets gives us the best chance of doing that, and he will be essential for the continued success of the fund."
Stock is Insparo's sixth hire in the last 12 months. The firm has approximately $175 million in assets under management (as of the end of May).
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…