First State Taps Lomnitzer For Global Resources Team

Dec 15 2011 | 9:44am ET

First State Investments has tapped Tal Lomnitzer as a manager within its global resources team.

Lomnitzer joins First State from Merchant Capital where he founded and managed the Merchant Global Fund. Prior to that he ran resources and energy funds for NewSmith Capital and ORN Capital. He was also a fund manager and buy-side equity analyst at Deutsche Asset Management, where he worked within the global energy team. 

Lomnitzer, who took up his new post earlier this week, is based in the First State's London office where he will work alongside analyst Pete Campbell on First State’s £767 million global resources fund. The fund has returned 91.34% over three years.

Joanne Warner, First State's head of global resources, said in a statement:

“Tal has 13 years’ experience in buy-side global resources research and investment. He brings extensive knowledge in both long and short investing strategies within global resources equities. His location in London, working alongside analyst Pete Campbell will improve the team’s real-time coverage of the UK, European and North American markets which are critical to our global investment philosophy.”


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.