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HSBC Global Asset Management has appointed John Ware as Senior Product Specialist for hedge funds in its Alternatives team.
Ware will be responsible for HSBC Global Asset Management’s established hedge fund product offering and expanding the platform to a larger institutional investor base globally. Based in London, he will report to Steven Ward, Global Head of Alternative Products, HSBC Global Asset Management.
Ware joins from BlackRock where he was a senior product specialist for BlackRock Alternative Advisors (BAA), the firm’s hedge fund solutions platform. Prior to joining BlackRock, he worked in the Ultra High Net Worth client team at
Prescient Investment Management, a global investment manager with over USD6 billion in assets under management, has hired Gaurav Maleri as President, Global Sales, to be based in its London office.
Gaurav will be focusing on the promotion of Prescient China’s range of Irish UCITS funds, which use a systematic and quantitative approach to seek long term growth from Chinese markets across equities, fixed income and asset allocation strategies.
Gaurav has a 17-year career in asset management and private banking in both Europe and Asia. He joins Prescient from UTI International, where he was a Senior Vice President responsible for
Systematica Investments (Systematica), a technology-driven manager focused on a quantitative and systematic investment approach, has made two senior investment hires, the latest step in the firm’s global expansion.
Egon Ruetsche joins as a Research Fellow based in Geneva, while Amine Benamer will become part of the Trading and Execution Team in London.
Ruetsche, who will work closely with Systematica’s Chief Investment Officer David Kitson, joins from Aquila Capital where he was one of three co-founders of the Systematic Trading Group. Prior to this, he co-founded the quantitative investment manager affiliate of Achievement Asset Management, a US discretionary multi-strategy hedge
Melanion Capital, a Paris-based independent alternative investment management company, has appointed Dan Costinescu as a portfolio manager for a new systematic macro fund.
Costinescu, who has been actively involved in alternative asset management since 2005, will be managing a quantitative-based fund focusing on exploiting micro-structural imbalances in the commodity futures markets. Melanion is providing the initial seed capital and plans to launch the fund in the beginning of next year.
The new Melanion Systematic Macro Fund will be the third Melanion Capital fund following the flagship Melanion Dividend Fund launched in 2013 and the Melanion Volatility Fund launched in
IHS Markit (NYSE: INFO), a specialist in critical information, analytics and solutions, has announced the appointment of Deborah Orida as an independent director to its board and the retirement of Richard Roedel from the board.
Orida’s appointment increases the size of the IHS Markit board to 12 directors. Orida will also serve on the Human Resources committee of the board.
Orida is Senior Managing Director & Global Head of Active Equities at Canada Pension Plan Investment Board (CPPIB). She joined CPPIB in 2009 and has held senior leadership roles, including Managing Director, Head of Relationship Investments International, where she
The Global Financial Markets Association (GFMA), which represents the common interests of the world’s leading financial and capital market participants, has named its new leadership team.
Steve Ashley, Senior Managing Director, Head of Wholesale, Nomura, takes over as Chair of GFMA from Sylvie Matherat, Chief Regulatory Officer and Management Board Member at Deutsche Bank AG. The two Vice Chairs of GFMA will be assumed by Olivier Osty, Head of Global Markets, BNP Paribas and Walter Dolhare, Executive Vice President and Co-Head of Wells Fargo Corporate and Investment Banking.
GFMA will continue to have leadership that represents capital market participants
Intertrust, a specialist in providing tech-enabled corporate and fund solutions to clients operating and investing in the international business environment, has expanded it onshore presence in China with a new office in Shenzhen.
Intertrust already has a significant presence in China with 230 professionals across Hong Kong, Shanghai, Beijing and Guangzhou, and this fifth office will enhance the firm’s ability to provide high-quality services to its clients in China and abroad to grow their cross-border investments and optimise their business activities.
Felix Deng, Associate Director of Business Development at Intertrust China in Shanghai, will oversee the Shenzhen office and
Jersey Finance has formally opened its new office in New York as the jurisdiction looks to enhance its visibility in the US and promote its proposition as a gateway to Europe for US alternative fund managers.
The office was officially launched at an event held at The Peninsula New York on 16 October, attended by around 100 lawyers, intermediaries and other US fund professionals, who heard from Senator Ian Gorst, Minister for External Relations for the Government of Jersey, and Joe Moynihan, CEO of Jersey Finance, about Jersey’s growing ties with the US.
The launch of the office comes
Thornburg Investment Management (Thornberg), a global investment firm that oversees USD43 billion in assets, has appointed Ben Kirby and Jeff Klingelhofer as co-heads of investment – a newly-created position.
Kirby and Klingelhofer will lead Thornberg’s investment process, deepen the firm’s risk management platform and guide the implementation of ESG analysis across the entire suite of investment solutions. They are to join Thornberg’s executive management team, reporting to Jason Brady, Thornburg President and CEO.
“Ben and Jeff are exceptional leaders, and their contributions and success as investors on multiple investment strategies along with their embodiment of team-centric collaboration have been
Charles A Hurty, a board member of SkyBridge Capital’s Multi-Advisor Hedge Fund Portfolios, has retired after 17 years as a director.
Hurty is a former partner at KPMG and served as a trustee and director at iShares from 2005-2015. During his time serving on the Skybridge Series G Board, he oversaw the growth of assets under management from USD40 million to approximately USD5 billion as of 2019.
“It has been an honour and distinct pleasure to have served on the Board with Charles,” says Ray Nolte, SkyBridge Senior Partner, Co-Chief Investment Officer and Series G Chairman. “He brought our
