Investec Asset Management has further expanded its emerging market equity capabilities with the appointment of Nidhi Mahurkar as investment director.
With a specific focus on the firm’s Asia, China and EM offerings within Investec’s established 4Factor Equity investment team, Mahurkar’s appointment underlines the firm’s commitment to further building capacity in this growing asset class.
She will report to Greg Kuhnert, portfolio manager of the Investec All China and Asian Equity strategies.
Mahurkar brings specialist expertise on emerging market credit developed for over more than a decade. She joins Investec AM from Pictet Asset Management where she worked for 13 years and played an integral role in building assets under management across the firm’s flagship Asian and EM equity franchise from $2bn to $16bn .
Most recently Mahurkar was co-head of Pictet’s Global Emerging Market (GEM) Equities product, alongside managing a number of funds including the Asia Ex Japan Absolute Return Fund and the Asia ex Japan long/short directional strategy. Prior to this, she was a member of the Global Emerging Markets team at Lazard, where she ran the Birla India Investment Trust.
Greg Kuhnert, Portfolio Manager, said: “ Mahurkar’s extensive expertise and deep knowledge of investing in Asia and emerging markets is ideally suited to further developing our investment capabilities in this area. She will be instrumental in helping to develop our business for the next exciting phase of growth, given the demand we have seen for the asset class.
‘We continually look to add investment expertise to our team in order to enable us to develop investment solutions as opportunities evolve, shaping the investment opportunities presented by emerging markets to best enable our clients to meet their investment objectives.”