Nomura Asset Management makes appointment to Latin American team

Nomura Asset Management U.K. has appointed Nick Payne as a Latin American Portfolio Manager to bolster its coverage across the region.

Payne joins from Rexiter Capital Management where he was head of Latin American Equities as well as managing Emerging Markets (EM) equity portfolios. Prior to this, he was managing the firm’s Global Emerging Markets Shariah strategy for Islamic investors and a sustainability-based Emerging Markets product.

Payne’s appointment bolsters Nomura’s dedicated Emerging Markets team in London, which has gathered momentum since the appointment of Jonathan Bell (formerly of Pictet) as its head in May 2012 and Rainer Tilk (formerly of Swedbank), covering Eastern Europe, in January 2013.

Jonathan Bell, Head of Emerging Market Equities at NAM UK said: 'We are excited about Nick joining us. Nomura is renowned as an Asian specialist, and with this appointment we are closer to achieving our goal of building a globally recognised Emerging Markets equity competence. Nick joins our established London-based team, which complements our wider Emerging Markets focus comprising over twenty investment professionals based on the ground across Emerging Asia'.

Mark Roxburgh, Head of Marketing and Client Relations at NAM UK said: 'We see continued demand for Emerging Markets equities across our institutional and retail operations. Nick’s appointment is an important step towards enhancing our product range in this space'.

image: © groundswellzoo

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