Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Former AAA-rated EM equity manager quits French boutique

Former AAA-rated EM equity manager quits French boutique

Emerging market equity specialist Nina Majstorovic Lagron has quit Gemway Asset after two years with the Paris-based investment boutique, Citywire Selector can reveal.

Majstorovic joined the firm – which was founded by former Edmond de Rothschild chairman Bruno Vanier – in November of 2014 after having spent seven years on the EM desk at Amundi.

It is understood Majstorovic will formally step down on March 10 and will join a rival asset management company, although this has yet to be revealed.

During her tenure, Majstorovic had worked alongside Citywire A-rated Vanier on the GemEquity fund, which is a France-domiciled global emerging market equity fund.

Prior to this she was responsible for the Amundi Fds – Equity Emerging Europe and Amundi Fds MENA Equity fund. Her risk-adjusted performance on these two funds meant she was consistently Citywire AAA rated between October and December 2014.

It is understood Vanier will remain as lead on the GemEquity fund, with Elena Kosheleva retaining her role as a junior portfolio manager on the €175 million fund.

The GemEquity fund returned 5.68% in US dollar terms over the three years to the end of February 2017. This compares to a 5.2% rise by its Citywire-assigned benchmark, the MSCI EM (Emerging Markets) TR USD, over the same period.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2016

    Citywire DACH 2016

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016

  • Citywire Berlin 2016

    Citywire Berlin 2016

  • Citywire Switzerland 2016

    Citywire Switzerland 2016

  • Citywire Amsterdam 2016

    Citywire Amsterdam 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Deutschland 2016

    Citywire Deutschland 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Munich 2016

    Citywire Munich 2016

  • Citywire Paris Alt Ucits 2016

    Citywire Paris Alt Ucits 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016