Martin Currie hires Yulia Hofstede as Portfolio Manager
2 March 2020
Martin Currie, a Legg Mason affiliate and active equity specialist with US$17.2 billion1 of assets under management, has hired Yulia Hofstede as a portfolio manager in its Global Long-Term Unconstrained Equity team.
Yulia, who joins Martin Currie from BlackRock, 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.
Prior to joining BlackRock, where she was a global equity analyst, Yulia 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 commented: ‘Yulia will join us at an exciting stage in our development with 87%2 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.’
1 Source: Legg Mason Global Asset Management, 31 January 2020
2 Source: Martin Currie, Over five years to 31 January 2020.