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UK-Headquartered Duet Group Seeks To Exploit Attractive Eastern European Valuations

This publication brings more news about the wealth management products being promoted at the present time.
London-headquartered Duet Group, an alternatives investment specialist, has announced it is to launch an emerging European equities fund to exploit what it sees as the favourable valuations in Eastern Europe as a result of recent turmoil in parts of the region.
The fund, available in a UCITS structure, will start with $100 million.
The fund will add to Duet Group’s emerging market and commodities franchise. The firm’s emerging markets range includes frontier, MENA and Africa funds as well as range of frontier and emerging market private equity funds.
As part of the move, Michel Danechi and Kalim Aziz have joined Duet as fund manager and research analyst respectively, from Armajaro. Danechi has over 20 years’ experience with emerging markets from working at Armajaro Asset Management, Lehman Brothers, Unicredit and Citibank.
In May, Duet Group appointed two former Goldman Sachs investment professionals and co-founders of North Shore Partners, Ulrik Fugmann and Edward Lees, as senior managing directors and co-chief investment officers of Duet Natural Resources.
Duet group, the global alternative asset management house, has over $5.5 billions of assets under management as of 1 July.