Aspect Capital appoints senior European sales executive

Aspect Capital, one of the largest systematic investment managers in Europe, has appointed Ted Frith as senior European sales executive to focus on further developing its institutional sales efforts in the UK, Ireland and Europe.

Frith, who will report to chief commercial officer John Wareham, joins Aspect from GFT Global Markets (UK), the London-based arm of Global Forex Trading where he was a director and head of sales.

He previously worked for Dresdner Kleinwort Wasserstein between 1997 and 2005, as head of foreign exchange and short term rates sales and subsequently as global head of sales and marketing strategy, responsible for the strategic marketing and sales management of the bank's capital markets client business.

Earlier Frith had been head of foreign exchange and fixed income trading at Pareto Partners, and a vice-president in the foreign exchange division at Citibank between 1994 and 1997.

Says Wareham: 'Ted's extensive industry and sales expertise will play a major role in further developing our presence within the UK and European institutional marketplace. His appointment is further evidence of our commitment to the institutional arena, which represents a significant area of growth and development for our business.'

Established 10 years ago by pioneers in the application of quantitative and systematic techniques in investment management, Aspect applies the insights gained from more than 25 years of quantitative investment management in a unified research philosophy that seeks to find ways to systematically exploit the aggregate behaviour of rational market participants and underlies all of Aspect's investment programmes and ongoing research.

The firm has a team of over 100 employees with a focus on research, efficient implementation and a robust operational process across a range of global asset classes. Aspect currently manages USD5bn for a client base that includes many of the world's leading institutional investors.

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