Rothschild Asset Management has strengthened its alternative investment business with the appointment of Shakil Riaz as Head of US Alternative Portfolio Management and Global CIO.
In addition, Anthony Marzigliano, who has worked with Riaz since 1995, when they were responsible for managing JP Morgan's proprietary hedge fund investments, will also join as a Managing Director. Both appointments will be effective in early April 2015.
Riaz and Marzigliano's combined decades-long experience in customising hedge fund solutions for the proprietary portfolio of JP Morgan, as well as for institutional clients, will further enhance Rothschild's global reach and long-standing track record in alternative investment. They will be instrumental in the continued development of Rothschild's capabilities in the full spectrum of alternative products for both retail and institutional clients.
Riaz joined Arden Asset Management in 2009 where as a Managing Director and Member of the Investment Committee he led the creation and management of customised portfolios for several state, corporate and union pension plans, banks and insurance company clients. Prior to joining Arden, he spent 33 years at JP Morgan, the majority of that time as Chief Investment Officer for JP Morgan's internal hedge fund investment program.
Marzigliano also joined Arden in 2009 where he most recently was a Managing Director leading the research efforts for the global macro and credit sectors, and was a member of the Working Investment Committee. Prior to joining Arden, Marzigliano spent 18 years at JP Morgan, primarily as a part of Riaz's team managing the Bank's proprietary hedge fund portfolio.
Jean-Louis Laurens, Rothschild group Global Head of Asset Management, says: "We will be delighted to welcome Shakil and Anthony to Rothschild. Their expertise and know-how, combined with our existing platform in the US and in hedge funds globally, will allow us to offer a first-class service of bespoke solutions to our clients."
