Man Group, the active investment management firm, has appointed Teun Draaisma as portfolio manager, based in London. Draaisma will work in partnership with Ben Funnell, the head of the Man Dynamic Alpha team, to develop a new multi-asset strategy.
Draaisma (pictured), brings over two decades of industry experience to Man Group. He joins the firm from BlackRock, where he was Global Equity Strategist for almost six years, focusing on portfolio management and asset allocation. Prior to BlackRock, he spent time as a portfolio manager at TT International. Draaisma was previously European Equity Strategist at Morgan Stanley from 1997 to 2010. In this role, he ran the award-winning European Equity Strategy team, working with Ben Funnell during their time together at the firm from 1997 to 2006. He holds a Master’s degree in Econometrics at the Erasmus University in Rotterdam, and studied at the ESSEC business school in France, before joining the OECD as an Econometrician.
Man Group’s new dynamic multi-asset strategy will draw upon the diverse expertise and specialist knowledge across each of the firm’s investment managers. The strategy will sit within Man Solutions, Man Group’s central platform formed to create and run innovative and tailored investment programmes across the firm for Man Group’s clients.
Ben Funnell, Portfolio Manager, says: “Investors are facing an inflection point, where asset valuations are at multi-decade highs and the global risk free rate has rarely been lower than it is today. In this environment, we believe a multi-asset strategy which seeks to dynamically allocate across asset classes, has the potential to offer valuable diversification away from pure equity beta. Teun and I have known each other for over twenty years, and his insights and expertise will be fundamental as we develop this strategy for our clients.”
Teun Draaisma, Portfolio Manager, says: “The breadth of strategies across Man Group, encompassing discretionary, quantitative and alternative risk premia approaches, presents a compelling opportunity to develop a differentiated multi-asset strategy for investors. I look forward to re-establishing my partnership with Ben.”
