Investec Asset Management has appointed Nidhi Mahurkar to its Asia and emerging market equity business as an investment director.
Mahurkar will focus on Asia, China and emerging markets – and the firm indicated it would hire additional people by saying it was committed to further growing capacity in the asset class.
Mahurkar spent the past 13 years at Pictet Asset Management, where assets under management across in the firm’s flagship Asian and emerging market equity franchise grew from $2 billion to $16 billion.
Most recently she was co-head of Pictet’s global emerging market equities product and managed a number of funds including the Asia ex-Japan Absolute Return Fund and the Asia ex-Japan long/short directional strategy.
Prior to this, Mahurkar was a member of the global emerging markets team at Lazard, where she ran the Birla India Investment Trust.
She will report to Greg Kuhnert, portfolio manager of the Investec All China and Asian Equity strategies.
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