Frontier Capital Management, which offers multi-asset investment strategies to the institutional, high net worth and private banking markets, has announced the appointment of two new partn
Frontier Capital Management, which offers multi-asset investment strategies to the institutional, high net worth and private banking markets, has announced the appointment of two new partners, chief operating officer Colin Hodges and head of investments David Cienfuegos.
Hodges joined Frontier Capital in August 2006 after holding senior positions with Gartmore in the UK and Japan, while Cienfuegos arrived in July 2005 having previously held senior analyst roles with the Bassini Playfair Wright hedge fund group in New York.
Frontier was founded by Michael Azlen in 2004, launched its Multi-Asset Platform Fund range the following year and currently has some USD310m in assets under management. The strategy, inspired by the Harvard and Yale University endowment funds, offers access to alternative asset classes and the fee efficiency of institutional pricing through extensive use of low-cost indexing.
‘I am delighted that Colin and David have joined the partnership,’ says Azlen, who was previously managing director of Asset Alliance International. ‘They have both made significant contributions to the development of Frontier and have key roles to play as we continue to grow and institutionalise the business.’
The Multi-Asset Platform Funds, which are domiciled in the Cayman Islands and listed on the Irish Stock Exchange, currently comprise three funds, Conservative, Moderate and Plus, offering levels of market exposure and volatility according to investors’ different requirements.
