The Japanese asset manager said it is hiring a Cartesian Capital co-founder, after the Scottish boutique was wound down for size reasons last year.

Tokyo-based Nikko said it has named Jeremy Hall as investment director for global equities, effective this month.

Hall co-counded Cartesian Capital, which began winding down late last year due to subscale size and performance. Its funds were wrapped into those of London-based asset manager Sanditon.

He has 17 years of experience in fund management, mainly in long and long-short equity funds.

Long-Only Investor

Hall joins a six-person team in Edinburgh run by William Low, Nikko's head of equity investments. The team focuses on high-conviction long-only portfolios untethered to benchmarks.

«Jeremy has a long track record of undertaking research and picking stocks within high-conviction equity portfolios,» Low said in a statement on Hall's hire.