Aspect Capital (Aspect), the USD6.6 billion systematic investment manager, has acquired Auriel Capital Management (Auriel) and hired the firm’s team.
Asif Noor and Anoosh Lachin who founded Auriel in 2004, joined Aspect in February 2016 to develop systematic global macro and currency strategies.
Aspect has been looking for research expertise in diversifying investment strategy capabilities from a variety of external sources. The scalability of the firm’s strong and flexible operational infrastructure has allowed them to undertake this strategic initiative. As part of this, Aspect has identified a small number of experienced systematic managers with valuable investment expertise in strategies which are complementary to its flagship managed futures programme, Aspect Diversified.
Anthony Todd, CEO of Aspect, says: “Medium-term trend following will remain our core focus as it has been since our inception 18 years ago. 2015 was a successful year for Aspect Diversified and while our core research efforts remain focussed on continuing to enhance this programme, we are always interested in opportunities to bring in exceptional managers and high calibre strategies for the benefit of our investors.
“All these strategies are complementary to the Aspect Diversified programme and are able take advantage of the major investment that has gone into building our proprietary technology and infrastructure. We are pleased to have found in these teams exceptional levels of investment expertise and cultural fit, both of which are crucial in any decision to expand our team and develop our products.”
