IMC asset management has hired a team of four senior investment professionals.
The move heralds the launch of an investment grade credit corporate offering, within its core European credit capability.
The team joins from Lombard Odier Darier Hentsch.
Rodrigo Araya, who joins IMC as head of investment grade credit strategies, was responsible for the entire fixed income business at Lombard while continuing to directly head the credit business.
The other team members joining are Oscar Jansen (senior portfolio manager), Robert Manning (head of investment grade credit analysis) and Henk Wiersma (senior investment grade credit analyst), who were running several high performing credit mandates and funds at Lombard.
Sander Nieuwland, chief executive of IMC asset management, says: “The addition of this highly experienced and successful team will significantly expand the scope of asset management credit strategies delivered by IMC asset management to our institutional and high net worth individual client base. We are delighted to welcome such high quality individuals, with a very strong nine year track record, and a shared vision of excellence. We believe credit is an important area of opportunity for investors and in these turbulent markets there is a greater need for talent and experience than ever.”
The investment grade platform consisting of a long/short and a long-only capability will be formally launched and open to clients on 1 June 2010.