People Moves

Insparo hires Deutsche’s Korvalian for global marketing role

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Insparo Asset Management, the London-based frontier markets specialist firm, has hired former head of institutional hedge fund sales at Deutsche Bank, Bibi Korvalian, to lead a global marketing drive for its existing MENA funds and to help develop new products.

Korvalian will hold a newly-created role as head of sales and marketing. She will be responsible for devising and implementing a marketing strategy for Europe, the US and the Middle East, drawing on the firm’s experience in MENA investing.

Despite a loss of 6.66% so far this year, Insparo’s flagship Africa and Middle East Fund has made 32%