Nedgroup Investments has announced two more senior appointments to complete its team of asset management experts.

Experienced investment analysts Simon Watts and Aliki Papasteriou, who both joined the company recently, visited the Isle of Man and Nedgroup’s offices in Douglas last week to meet local staff with whom they will be working closely in the future.

Simon, who has previously worked with UBS and the XL Group in the City of London, will have a role in fund management which focuses on fixed income, including the development of portfolio construction.

Aliki also has a background in the City of London, working latterly with Towers Watson as an investment analyst. Her experience will be used within Nedgroup to conduct macro-economic research and valuation analysis across asset classes. She will also be involved in fund research on potential holdings in the company’s MultiFunds offering and on lists of funds specially selected for use by other Nedbank group companies.

They will both work closely with Nedgroup’s Head of Investments in London Andrew Yeadon, who joined the company at the beginning of the year.

Nedgroup Investments has had a strong start to 2012 and has recorded exceptional returns through new investment strategies, particularly via its Global Equity Fund, resulting in one of the company’s best ever quarters.

Nedgroup currently offers nine funds within two fund ranges, including three multi-manager funds within its UCITS IV Nedgroup Investments MultiFunds range.

Nedgroup Investments’ Managing Director Andrew Lodge said the two new appointments completed the company’s strategy to bring new expertise to the investment team.

“Simon and Aliki have a wide range of skills and experience in investment analysis which further enhances the already very successful asset management team at Nedgroup Investments. We now have an extremely strong and enthusiastic team of investment expertise.”