Fri, Feb 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Martin Currie expands hedge funds business with two hires

Tuesday, September 01, 2009
Opalesque Industry Updates - Martin Currie Investment Management Limited (“Martin Currie”) announces a major expansion of its successful global hedge fund business with two senior hires, reflecting its growing market position in long/short equities.

Alastair Barrie joins in the newly created role of global head of hedge fund sales and Clayton Cheek joins as US head of hedge fund sales. Both bring with them extensive business development experience and join existing sales director, Mike Gibb.

Alastair joins Martin Currie from RBS where he was director of institutional business. In this new position at Martin Currie he will be responsible for growing their global hedge fund business. Prior to RBS Alastair was director of global hedge fund sales and UK wholesale distribution at Henderson. Joining on 1 September, he will be based in Martin Currie’s London office and report to Allan MacLeod, managing director of sales, marketing and client service.

Clayton 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. Prior to Man, he was managing director, head of client development Americas for Ivy Asset Management. Also joining on 1 September, Clayton will report to Alastair and be responsible for hedge fund sales across America.

Commenting on these appointments, Allan MacLeod, managing director of sales, marketing and client service at Martin Currie said: “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 challanged. With our relentless focus on client service we have attracted a lot of interest and new clients. Our hedge fund business is now over nine years old and has over US$1 billion under management across ten funds. It is a clear reflection on the quality of our business that we have been able to attract such high calibre professionals.”

On joining Martin Currie, Alastair said: “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. This coupled with the private employee ownership means clients and Martin Currie are "in it together" - where often the best relationships are formed.”

On joining Martin Currie, Clayton said: “I am very much looking forward to working as part of the team. Martin Currie has been registered with the SEC since 1978, active in the US for several decades, and compiled an impressive list of investors. US institutions are increasingly demanding transparency, dependable processes, and an alignment with clients' interests (especially liquidity). These are all areas where Martin Currie has invariably delivered. Combining unwavering operational proficiency with persistent alpha generation, creates a strong proposition for me to offer throughout America.”

***

Martin Currie is a specialist active equity manager. From our headquarters in Edinburgh, we manage £10.7 billion (US$18.0 billion)* for clients worldwide, including financial institutions, charities, foundations, pension funds and investment trusts.

We have over nine years’ experience running absolute return funds with assets under management of US$1.2 billion as at 1 August 2009. We currently manage nine single strategy equity long short funds covering Japan, Asia, Greater China, Europe, Equity Market Neutral, Global Resources, Global Energy, Global Financials and Global TMT. We also manage a diversified equity long/short fund – Omnium – which invests in our entire absolute return fund range. For further information please contact: Lisa Sandells, lsandells@martincurrie.com, Tel: +44 (0)7825 971423.

www.martincurrie.com


Be

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  2. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d

  3. Ex-Navy SEAL backed by Mario Gabelli, Jean-Marie Eveillard and other value giants off to strong start[more]

    From Valuewalk.com: Sententia Capital Management is not your average value focused hedge fund. The fund was founded by Michael Zapata, a former Navy Seal Team 6 Officer and has attracted funding from some of the best-known names in the value space. Mario Gabelli, Jean-Marie Eveillard from First Eagl

  4. Europe - 1 trillion euro non-performing loans are clogging EU lending channels[more]

    From Centralbanking.com: As much as 1 trillion euro of non-performing loans (NPLs) are still clogging the lending channel in the European Union. An EU asset management company (AMC) could address market failures in the secondary market for NPLs as part of a suite of measures designed to tackle the b

  5. Investing - Hedge funds' novel approach: investing for longer at lower returns, U.S. hedge fund Delta Partners lifts stake in Bellamy's, Hedge funds stockpile cobalt, electric carmakers on battery alert, Facebook is racking up the likes among the world's biggest hedge funds, Einhorn affirms gold on Trump uncertainty[more]

    Hedge funds' novel approach: investing for longer at lower returns From FNLondon.com: Hedge funds are known for making short-term bets, dipping quickly in and out of markets to take advantage of swings in prices. But, under pressure to innovate, some big-name managers are looking at ways