Sun, Jun 24, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

James Ind joins GLG's macro and relative value hedge fund team

Monday, July 01, 2013
Opalesque Industry Update - GLG, the discretionary investment manager business of Man Group plc (“Man”), announced the appointment of James Ind to its Macro and Relative Value team.

James, who joins from Russell Investments, will assist in the management of a total return strategy which GLG will launch later in the summer. The new strategy will be managed by the Macro and Relative Value (MARV) team headed up by Jamil Baz and Sudi Mariappa and will leverage GLG’s dedicated expertise in fundamental, quantitative and market analysis.

James joins GLG after five years with Russell and eight years with Merrill Lynch and Mercury Asset Management. At Russell, James was a managing director and portfolio manager heading the team responsible for the structuring and management of multi asset portfolios with AUM of $6bn, including the flagship Multi Asset Growth Strategy.

He will work closely with Jamil and Sudi who have developed proprietary investment tools which are directly applicable to this segment of the multi asset market.

The aim of the new strategy will be to create and enhance long term wealth by investing across a range of different asset classes within a strict risk framework. Further details of the product launch will be announced in due course.

Richard Phillips, Head of UK Retail at GLG said: “GLG’s heritage as a multi strategy firm with a focus on absolute returns means we are exceptionally well placed to run a total return strategy which over time has the potential to attract significant demand from both institutional and retail clients.

“James’s appointment to the macro and relative value team will further enhance our expertise in this area and his experience will be invaluable as we seek to deliver a compelling proposition to a segment of the market currently dominated by a handful of players."

Press release

bc

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. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp