Thu, Sep 29, 2016
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. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style