APG's Hong Kong unit sees two leaders exit from EM team

APG Asset Management Asia has confirmed that Ajay Cherian, managing director of global emerging markets equities and Egon Vavrek, director of global emerging markets equities are no longer with the fund. “Ajay Cherian and Egon Vavrek have left APG,” a spokesperson for the fund told AsianInvestor. Cherian had been with the fund for nearly 15 years and was most recently APG’s head of global emerging markets strategies.   Cherian played a key role in guiding the Dutch ass…