Somerset Capital was founded by Edward Robertson, Dominic Johnson and Jacob Rees-Mogg in 2007 as an investment management firm focusing on global emerging markets. The firm has $8.4bn under management (as of 3 August 2018), with 49 members of staff including 19 investment managers and analysts based in London and Singapore.
Portfolio managers to move
Two funds to be transferred
Assets drop from $3.5bn to $1bn
Served as investment minister
Department for International Trade
Minister for investment
Annual profits plummeted by 34%
Will launch China fund for UK investors in 2021
Joining firm's emerging and frontier markets team
Somerset co-founder to take over as lead manager