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Investec Asset Management’s Mark Wynne-Jones has moved to Investec Wealth & Investment to become an equity analyst, after working alongside Alastair Mundy on the firm’s value strategies.
John Haynes, the head of research, reported to IW&I that Wynne-Jones will be accountable for household goods, food production, chemicals and mining sectors.
Haynes said: ‘Mark’s appointment is a concrete demonstration of our commitment as a business to sustaining and enhancing our industry-leading research capabilities.’
Earlier this year Wynne-Jones relinquished on the Investec GSF Global Value Equity Fund Investec AM reshuffled the management on a number of its global equity strategies.
The shift came also in the form of Mundy stepping down from his responsibilities on the fund, though he preserved control over Investec UK Special Situations andInvestec UK Total Return. He was substituted by Steve Wooley and Alessandro Dicorrado, who have been promoted internally.
Dicorrado became an Investec employer in 2010 assuming the position of an analyst, while Woolley, a former winner of the Citywire Charity 10K Run, had also been carrying out analytical performance.
Apart from the $47 million Global Value fund, the duo will be also accountable for the Investec Global Special Situations fund, which Wynne-Jones, Mundy and Lynch had also overseen. The changes came into effect at the start of January.
Over the three years to the end of December, the Investec GSF Global Value Equity fund returned 22.5 percent in US dollar.