GEM Established London Operations, Snags ING Exec.

Oct 18 2007 | 12:33pm ET

Emerging markets hedge fund firm GEM Global Equities Management has expanded its operations in London and hired Steve Wallace as business development and client relationship manager for the new office.

Prior to joining the GEM, Wallace served as a client relationship manager at ING in London, where he maintained senior level client relationships. GEM’s expansion comes as its assets under management have more than doubled in the last 12 months to reach US$750 million, according to the firm. 

Anthony Inder Reiden, chairman of GEM Global, said: “We have seen flows into our funds more than double in the last 12 months and we believe that this is evidence that an increasing number of investors are recognizing our depth of experience in identifying deep value situations within emerging markets.”

GEM Global was established in 1993.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...