Martin Currie Investment Management has named Andrew Graham as its new head of Asia after Jason McCay announced he is leaving the firm.
McCay, who is due to leave Martin Currie in the summer of 2013 after a 15-year career with the asset manager, is departing to have an “extended career break”.
He then plans to return to the industry to establish his own independent investment venture.
Graham has been with Martin Currie for close to three years and is McCay’s co-manager on the Martin Currie Asia Pacific and Martin Currie Asia Long Term Unconstrained funds.
Investment director Paul Danes, who has been Martin Currie for over six years, will take on the new role as co-manager of the firm’s two Asian strategies alongside Graham.
Martin Currie managing director Andy Sowerby says: “We have built a deeply resourced team in Asian equities over the past few years.
“Since his arrival in 2010 Andrew Graham has proven himself as a talented investor and a great leader and we have every confidence in him to take our team and investment process forward.”
CandidMoney.com founder Justin Modray says: “This is an important role for Martin Currie as Asia is arguably the most popular offering within the asset manager. It also becomes more relevant as investors move away from UK centric offerings.”