Martin Currie, a Legg Mason affiliate and active equity specialist with $17.2bn AUM,, has hired Yulia Hostede as a portfolio manager in its Global Long-Term Unconstrained Equity team.
Hostede joins from BlackRock, and will start her new role in March 2020 as a portfolio manager covering the technology, media and telecoms sectors. Based in the firm's London office, she will report into Zehrid Osmani, head of Global Long-Term Unconstrained at Martin Currie.
Before BlackRock, she held equity research roles at Bank of America Merrill Lynch and Credit Suisse. She started her career with Rothschild & Co.
Zehrid Osmani commented: "We are delighted to welcome Yulia to Martin Currie. With her extensive analytical expertise, proven track record of alpha generation and innovative mindset, she is a great fit for the team and its style of high conviction long term unconstrained investing. I have personally worked with Yulia before and know she will be able to make a strong positive contribution to both the company and its funds."
Julian Ide, CEO said: "Yulia will join us at an exciting stage in our development with 87% of our investment strategies above benchmark; a revitalised culture centred around empowerment and excellence; and a powerful client proposition which is winning business with the world's leading institutions. We have built Martin Currie as a future-focused global asset manager and we are pleased Yulia is joining us on the journey."