Edmond De Rothschild Asset Management has appointed Xiadong Bao (pictured) as portfolio manager within its emerging market equity team that includes Patricia Urbano and Ludovic Vauthier.
Bao has been handed the management of the Edmond de Rothschild Fund China and has been named as co-manager of the Edmond de Rothschild Fund Global Emerging.
Urbano and Vauthier were hitherto managing the EDR Fund China after the departure of the firm’s former head of Chinese Equities Weiwei Li in April 2017.
He joins EdRAM from OFI Asset Management where he spent seven years as emerging markets fund manager, with a focus on China and the tech sector.
The Edmond de Rothschild Fund China and the Edmond de Rothschild Fund Global Emerging delivered returns of +41.3% and +26.3% against their benchmarks over 2017.
EdRAM’s EM equity team managed over €600m in assets as of 31 December 2017.