Comgest snaps up Macquarie's EM equity manager

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French firm Comgest has hired Emil Wolter to manage funds within its emerging markets team based in Paris.

Wolter joins from Australian asset manager Macquarie's Singapore office where he was head of strategy for Asian equities. Now reporting to Comgest's veteran emerging market manager Vincent Strauss (pictured), Wolters will move to Paris in the first half of next year.

Citywire Global understands that the team has no planned launches of further funds for the emerging market equities team.

In the fifteen years before his time at Macquarie, Wolter ran a range of mutual and hedge funds including the Pictet-Asian Equities Ex Japan-P USDPictet-Asian Equities Ex Japan-P USD fund and the Polar Capital Asia ex Japan USD funds.

In 2007, Wolter ranked third out of 157 managers in the Asia Pacific ex Japan sector, according to Citywire data.