Mark Lacey and Jonathan Waghorn, the co-managers of the
Investec Global Energy Long/Short Fund, came to specialise in
the energy sector via rather different routes.
Mark Lacey and Jonathan Waghorn
Lacey started out as a commodities fund manager at Credit
Suisse Asset Management. There he spent six years in the
world's major financial centres, while Waghorn began his career
as a drilling engineer with Shell International - spending a
good part of his three years with the oil major on rigs in the
After working as oil and gas analysts at JP Morgan and Wood
Mackenzie, the two men came together at Goldman Sachs, where
they were joint heads of its top-rated energy research team.
They were hired by Investec Asset Management in early 2008