Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Ex-Nevsky partner Mike Sell joins Alquity ahead of triple fund launch

Ex-Nevsky partner Mike Sell joins Alquity ahead of triple fund launch

Former Nevsky partner Mike Sell has joined Alquity with the investment boutique lining up a triple fund launch.

Sell joins as head of Asian equities from F&C Investments and his hire follows on from the firm bringing in former Baring emerging market chief Roberto Lampl as head of Latin America earlier this month.

Alquity, which has an existing Africa fund, is looking to broaden its range of products and is lining up a pan-Latin America for Lampl, as well as Indian sub-continent and Asia funds for Sell. These will be launched in March, subject to regulatory approval.

The group has a socially responsible mandate and Alquity Investment Management donates 25% of its fee revenue to micro-finance projects in the underlying region that it invests in.

Alquity Africa was launched in 2010 and last year saw its assets grow from $22 million to $65 million as its track record hit the three year mark. The fund returned 14.3% in 2013 and Alquity chief executive said this shows that investors do not have to sacrifice performance to invest in a socially responsible way.

The Africa fund has now donated over $250,000 to worthy causes across the continent with the firm using an independent panel of experts to select the projects backed.

Alquity chief executive Paul Robinson said supporting the impoverished and helping fund fledgling businesses creates a virtuous circle by improving the regional economy and building up consumer spending power.

‘We will be using the same investment process in Asia and Latin America, using on the ground partners, ensuring the projects we back are transparent and have the ability to let our clients go out there and see the work we are doing,’ he said.

‘From an investment point of view, we think there are great frontier market opportunities and because we are smaller, we can go into small and mid caps that larger funds cannot.’    

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Play Japan's slump, the umbrella revolution and the battle for Brazil

Japan's slump, the umbrella revolution and the battle for Brazil

With the arrows of Abenomics appearing to be missing their targets and political uncertainty rife in Hong Kong and Brazil we take a look at investor sentiment in this week's Investment Pulse

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter