Halbis, the active management arm of HSBC Global Asset Management, has recruited Ed Conroy to its global emerging markets team, where he will focus on researching Russian equities. Conroy joins from Aberdeen Asset Management, where he was previously an investment manager in the global emerging markets equity team. Based in London, Conroy reports to Douglas Helfer, senior portfolio manager and head of Russian equities at Halbis.
Halbis manages about $1.3 billion in Russian equities, including the HSBC GIF Russian Equity fund launched in December 2007, and the HSBC Russia Open fund, launched in March 2007.