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BlackRock suffers second emerging market departure

BlackRock has re-shuffled the management on its emerging markets desk following a second departure.

Plamen Monovski has left the group just weeks after Alain Bourrier parted with the firm.

Monovskis co-managers, Daniel Tubbs, Dhiren Shah and Sam Vechtwill, remain running the BGF Emerging Market fund (offshore) and BFM Emerging Market fund (UK unit trust).

Vecht, who has nine years’ experience, has also taken up lead management responsibilities on the BGF Emerging Europe fund, taking over from Bourrier, and the Eastern Europe fund, which he used to run with Monovski.

Will Landers will continue to run the Latin American fund.

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