Martin Currie Investment Management has expanded its hedge fund business with the appointment of Alastair Barrie as global head of hedge fund sales and Clayton Cheek as US head of hedge fund sales.
Barrie (pictured) joins Martin Currie from RBS where he was director of institutional business. In the newly created position at Martin Currie he will be responsible for growing the global hedge fund business. He will be based in Martin Currie's London office and report to Allan MacLeod, managing director of sales, marketing and client service.
Cheek joins Martin Currie's office in New York. Previously he worked for Man Investments in New York where he was head of institutional sales for the US. He will report to Barrie and be responsible for hedge fund sales across America.
MacLeod says: 'We are thrilled that Alastair and Clayton are joining our successful and growing hedge fund business. These two significant senior appointments, together with Mike Gibb, director of European hedge fund sales who joined us in 2005, clearly demonstrate our long term view, commitment and confidence in the market particularly at a time when many client/provider relationships have been severely challenged.'
Barrie says: 'Last year Martin Currie proved their ability to protect capital in a severe downturn - having already built a reputation for making money in a rising market. In every strategy with a three year record an absolute return was achieved even though every underlying equity market had fallen in value. I am very excited to be joining a company which combines the best attributes for clients seeking long term asset managment providers - great performance, solid processes, transparency and integrity.'