Sir John Beckwith has moved back into emerging markets for the first time since 2010 as his recently-launched boutique Pacific Asset Management has become a partner in emerging markets firm North of South Capital.
North of South, which was founded by Matt Linsey in 2004, is a London-based emerging markets specialist and runs a number of funds, and sub-advises the $36.6m GAM Star North of South fund, a long-only UCITS strategy.
This is Beckwith's first move back into emerging markets since he sold Thames River Capital back in 2010.
He founded Pacific AM, the asset management arm of Pacific Investments group, in November last year, a multi-asset business which offers a range of liquid funds.
He said: "We are delighted to partner with Matt Linsey and his team at North of South. They are highly rated investors and well-known to our team at Pacific. As investors, we are optimistic about the prospects for emerging markets equities."
Matt Lamb, CEO of Pacific Asset Management, said: "While passive investment may dominate the headlines, active managers in less efficient markets continue to demonstrate their ability to outperform and none more so than Matt Linsey and the North of South team.
"We are hugely excited about our new partnership and the continued ability to bring our clients the best of the world's craft businesses in the increasingly industrialised world of asset management."
Matt Linsey, CEO of North of South Capital, said: "We are thrilled to be working with the Pacific team, many of whom we know well and have worked with in the past.
"In particular, we are proud to welcome a high-profile investor such as Sir John Beckwith. We believe our new partnership will provide North of South with a strong platform for growth, while preserving the unique investment approach that we have developed over the past decades."
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