WARDLEY Direct Investment Management has appointed two new managers, Peggy Ozol and Michael Tsang, to its investment team.
Ms Ozol will be responsible for analysis and monitoring of investment proposals in Southeast Asia, while Mr Tsang will be responsible for analysis and investment proposals in Hong Kong.
Before joining the firm, Ms Ozol was an investment officer with CEF New Asia Partners in Hong Kong. Mr Tsang was an assistant manager with Price Waterhouse in London.
LORD Walker, chairman of the Thornton Group, has announced management changes and their intention to expand its activities both in Europe and in Asia.
In Europe, the group's greatest asset is their power and knowledge of their parent company, the Dresdner Bank, and its close link with the BNP in France.
Thornton launched the European Smaller Companies Investment Trust, the first fund to be jointly managed in Frankfurt, Paris and London. Thornton says this method of ''joint funds'' is proving to be a success.