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Insparo Hires From Man For PR Push
Harriet Davies
2 June 2010
London-based Insparo Asset Management, an emerging markets specialist, has hired Emma Robinson from Man Investments for the newly-created role of investor relations manager. Robinson’s hire marks the first position the firm has created to focus exclusively on investors, and forms part of a wider marketing drive which includes the recent appointment of Jamie Allsopp – the former New Star manager – to run and market its Insparo Africa & Middle East Fund. In her new role Robinson, who was latterly an institutional sales assistant at Man, will support Allsopp in marketing the Africa and Middle East Fund to a range of hedge fund and emerging market investors in Europe, Middle East and the US. Additionally, her role encompasses investor communications and client liaison. In February the firm adjusted the redemption terms of the fund from a two-year lock-in period to a staggered one-year redemption profile, meaning investors can redeem up to 25 per cent of their original share purchase per quarter and can be fully withdrawn within a year, or sooner on payment of redemption fees. The firm then last month hired Nimika Karadia as an operations analyst to ensure operations were adjusted smoothly to accommodate for the anticipated growth of the fund due to these changes.