Martin Currie hires Blackrock’s Hofstede

Yulia Hofstede

Edinburgh-based fund manager Martin Currie, the Legg Mason affiliate and active equity specialist with $17.2 billion of assets under management, has hired Yulia Hofstede as a portfolio manager in its Global Long-Term Unconstrained Equity team.

Hofstede, 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, Hofstede held equity research roles at Bank of America Merrill Lynch and Credit Suisse. She started her career with Rothschild & Co.

Osmani said: “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.”

Martin Currie CEO Julian Ide said: “Yulia will join us at an exciting stage in our development with 87% 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.”

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Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.