Alquity Investment Management has revamped its senior investment team across five of the firm’s emerging market funds, Citywire Selector can reveal.
As part of the changes, the London-based boutique's head of African investments, David Mcilroy, will leave the company. The Citywire + rated manager had run the Alquity SICAV-Alquity Africa fund since its launch in June 2010 and co-managed the Alquity SICAV-Alquity Future World fund.
Roberto Lampl, the head of Latin American investments, will take over the management of Mcilroy’s Africa strategy in addition to running the Alquity SICAV-Alquity Latin America fund. Lampl was previously head of emerging market funds at Barings Asset Management and has experience in African investments.
Meanwhile, Citywire A-rated Mike Sell, who is currently head of Asian Investments and manages three funds for the group, has been appointed director of investment process.
Sell and Lampl co-managed the Alquity SICAV-Alquity Future World fund with Mcilroy, which comprises the best stocks from the African, Asian and Latin American funds.
Commenting on the changes, Alquity founder Paul Robinson said: ‘Roberto Lampl’s proven investment record and strong economic analysis will ensure the Alquity Africa Fund delivers a fresh approach and delivers quality risk adjusted returns. As the global markets enter a difficult 2016, Alquity remains committed to delivering robust investments across all our funds and our revamp is a positive step for the firm.’