Brandywine Global Investment Management has appointed Chen Zhao as co-director of global macro research effective from 1 January 2015.
He will serve alongside his former colleague, Francis Scotland.
Chen and Scotland will work together to develop the firm’s proprietary macro research.
Scotland says: “Chen is a rock star in the global macro space, well known for his sometimes provocative, but always practical and bottom line, views on the economy and markets. He is really going to both solidify and enhance the contribution of our macro research effort to the firm’s investment process.”
Co-lead portfolio manager, David Hoffman, says: “We are thrilled Chen Zhao will join Francis Scotland on our global macro research team. He is one of the best minds in the business and someone our senior team has known for close to 20 years. As macro-driven investors, Chen will be a huge addition to both our traditional global fixed income strategies, as well as to our global macro strategy in the alternatives space. He is brilliant and opinionated, which will contribute to the dialectic necessary to analyse the ever-changing macro landscape.”
Chen was a chief global strategist at BCA Research Group, an independent research and investment strategy firm. With BCA, Chen was responsible for leading the firm’s global investment strategy and was also responsible for launching the China investment and emerging markets strategies during his tenure. Prior to BCA, he was a professor at Beijing's Central University of Finance and Economics and also served as a senior advisor to several government organisations in the People’s Republic of China.
