Alessandro Esposito has left BlueBay Asset Management to take up a senior role at European equity specialist boutique Theorema Funds, Citywire Global has learned.
The former Citywire A-rated manager stepped down from BlueBay in March and formally joined the London-based company in June.
During his six-and-a-half year tenure with BlueBay in its London office, Esposito worked on a host of convertible bond funds covering a wide array of sectors
Mike Reed, who has overseen these funds since launch, will continue as lead manager across all the strategies.
Reed will be supported on the funds by Pierre-Henri De Monts De Savasse, who joined BlueBay from Aberdeen in July.
In his new capacity at Theorema, Esposito will serve as a partner at the firm but it has not been revealed whether he will be involved in the direct running of investment funds at this stage.
Theorema manages three funds across European equities: Theorema Europe Fund; Theorema Europe Fund +; and Theorema European Long/Short Ucits.
The group previously came to Citywire Global’s attention in November 2011 when it emerged the long/short fund was the strongest performer in the European equity space over the 12 months to the end of September 2011.