Mirabaud Asset Management has hired the former co-head of BlackRock’s global emerging markets team to head a long-only UCITS fund domiciled in Luxembourg.
Tubbs will shortly be joined by three other people to head the emerging markets fund from Mirabaud’s London office. The team will carry out extensive personalised due diligence for this long-only fund.
With significant experience in Asian equities, Tubbs is eager to penetrate all emerging markets, “not just the 21 MSCI countries”, he said, voicing an interest in the likes of Saudi Arabia, Kuwait and Panama.
In addition to his four years at BlackRock, Tubbs has also managed the Asia (ex-Japan) group of funds at WestLB Asset Management.
“Managing an investment fund requires the same qualities as a business owner”, says Tubbs. “It is this entrepreneurial spirit cultivated by Mirabaud over the past two centuries that attracted me to this company”.