Diamond Lee leaves OMGI after 20-year fund management career

Joined firm in November 2014

Old Mutual China Equity manager Diamond Lee has left the firm to pursue a career outside asset management, with his fund being handed to Josh Crabb.

Lee (pictured) joined OMGI in November 2014 from Ignis Asset Management and left on 22 July, the firm said. He was instrumental in building OMGI's presence in Hong Kong when the firm established an Asian equities team in April 2015. Lee's £47m Old Mutual China Equity fund is now being run by Josh Crabb, head of Asian equities at OMGI. OMGI renames Lee's China fund as part of mandate revamp Crabb has been managing Asian equity funds for over 15 years, including roles at BlackRock and Prudential Asset Management. His existing OMGI portfolios have a high exposure to Chinese equitie...