London, 26 January 2011 - Renaissance Asset Managers, the investment management business of the leading emerging markets integrated investment firm Renaissance Group, today announces that Sven Richter has been appointed to the role of Managing Director, Head of Frontier Markets.
In this new role, Mr Richter will manage a number of Renaissance Asset Managers’ emerging markets funds, including the soon-to-be-launched Global Frontiers Fund, which will be added to Renaissance Asset Mangers’ fast-growing and unique Luxembourg UCITS III Fund. He will also have responsibility for the liquid assets and strategies in the firm’s African asset management proposition. In addition, Mr. Richter will work with Plamen Monovski, CIO of Renaissance Asset Managers, on the strategy for and buildout of the firm’s asset management business in the frontier markets and Africa.
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Renaissance Asset Managers Appoints Sven Richter Managing Director, Head Of Frontier Markets