Somerset CM replaces Jupiter AM as manager of Omnis EM opps fund

White and Robertson to lead management

Mike Sheen
clock • 1 min read

Omnis Investments has appointed Somerset Capital Management to run its £322m AUM Global Emerging Markets Equity Opportunities fund, replacing Jupiter Asset Management in a shift designed to provide "the best outcomes for clients and advisers".

The appointment, which takes effect from today (8 April), follows a whole of market selection process led by Omnis team and supported by independent investment consultants Fundhouse. Dominic Johnson: Somerset Capital became 'a nicer place to work during the crisis' Christopher White and Edward Robertson, with support from the full Somerset team in London and Singapore, will act as lead portfolio managers on the fund. Omnis and Fundhouse "unanimously agreed" Somerset is "best placed to manage this strategy going forward", citing the firm's 11-year emerging market equities track reco...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

FundCalibre Elite Radar: Allianz China A-Shares

FundCalibre Elite Radar: Allianz China A-Shares

Deep dive into Elite Radar fund

Darius McDermott
clock 15 November 2024 • 5 min read
What is the outlook for emerging markets after the US election?

What is the outlook for emerging markets after the US election?

Video roundtable

Valeria Martinez
clock 15 November 2024 • 1 min read
China unleashes $1.4trn package to bolster economic growth - reports

China unleashes $1.4trn package to bolster economic growth - reports

'Good news for other emerging market economies'

Sorin-Andrei Dojan
clock 08 November 2024 • 1 min read
Trustpilot