OMGI hires BlackRock’s Crabb to lead new Asian equities team

Old Mutual Global Investors has appointed BlackRock’s Joshua Crabb as head of its new Asian equities team.

Crabb previously worked for BlackRock based out of Hong-Kong where he ran the BlackRock Global Funds Asia Pacific Equity Income fund.

Prior to this Crabb also held roles at Prudential Asset Management in Hong Kong as well as Bankers Trust in Sydney.

Crabb will begin his new role based out of OMGI’s London office before moving to the firm’s Hong Kong base following regulatory approval. He will report to OMGI chief executive officer Julian Ide.

OMGI has also appointed analysts Kris Whitlock and Dmitry Lapidus to support Crabb as part of the new team.

As of 15 October the new Asian equities team at OMGI will run the Dublin-domiciled $270m Old Mutual Pacific Equity and the $40m Old Mutual Asian Equity funds.

Ide says: “Hiring such a high profile, high performing alpha manager clearly demonstrates Old Mutual Global Investors is an attractive destination for top talent.  Joshua is a successful, articulate, ambitious and highly intelligent investment professional, someone that I consider to be today’s and tomorrow’s generation of powerful fund management professionals. 

“He will strongly support our strategy of focusing on Global Financial Institutions, supported by our Latin America, Europe and Asian distribution teams.”