Santa Fe, N.M.-based Thornburg Investment Management, a $87 billion asset manager, has established an office in London, first overseas office opened by TIM. The firm has also appointed Chris Elsmark and Karim Elfar to the newly-created positions of joint managing directors in the firm’s new London office.

The two will lead Thornburg Global Advisors, the new London-based entity, and report to Peter Trevisani, Thornburg’s Head of Global Distribution and president of Thornburg Global Investment plc, their Irish-domiciled UCITS range of funds.

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