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Asia Pacific equity specialist departs Comgest

Asia Pacific equity specialist departs Comgest

Formerly Citywire + rated manager Chakara Sisowath has left French asset management firm Comgest after 14 years with the group.

Sisowath had been based in the company’s Hong Kong office and served as a portfolio manager across several strategies.

The most recent of these was the Comgest Growth Asia Pacific ex Japan US Dollar fund, which he stepped down from at the end of January.

Sisowath had been on the Dublin-domiciled fund since its launch in July 2006. He was joined by co-manager David Raper at the start of 2009.

Raper, who is Citywire A-rated, remains on the fund, while Gary Pinge, who joined the firm last September, and Emil Wolter were assigned as co-lead managers.

A spokesperson for Comgest confirmed the departure of Sisowath and said he had left the group for personal reasons. ‘Chakara's responsibilities have already been fully transitioned to his Asian research colleagues, a process which occurred gradually over the past 12-18 months,’ said the spokesperson.

Also during his tenure, Sisowath had previously been a named manager on the Comgest Growth Emerging Markets US Dollar, Comgest Growth Japan Yen and Comgest Growth World US Dollar funds.

The Comgest Growth Asia Pacific ex Japan US Dollar fund returned 35.4% in US dollar terms over the three years to the end of March 2015. This is while its Citywire-assigned benchmark, the MSCI AC Asia ex Japan TR USD, rose 22.9% over the same period.

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