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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

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