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Laxman Pai, Opalesque Asia:

Robert E. Furdak was named chief investment officer (CIO) for environmental, social and governance (ESG) at Man Group, the global active investment management firm.

It is a new position to further bolster the firm's broader commitment to responsible investment (RI). Based in Boston, Mr. Furdak will report to CIO Sandy Rattray, said a press note.

Robert will lead the firm's responsible investing initiatives, work with asset owners in the development and analysis of ESG policy and actively promote responsible investing and ESG across the industry.

He was previously co-CIO of Man Group's quantitative investment business, Man Numeric. During this time, he led the development of Man Numeric's proprietary ESG model and drove the integration of ESG across Man Numeric's investment strategies. Currently, 90% of its assets incorporate the ESG factor. He also helped develop Man Group's proprietary ESG dashboard tool, Man Group ESG Analytics, which launched in 2019.

Sandy Rattray, Chief Investment Officer, Man Group, said: "At Man Group, we believe ESG forms a crucial part of the research, investment, and risk management process, so the creation of this role is the natural next step as we seek to leverage synergies, data and learnings across the firm and beyond. We are delighted that Robert will be taking on this significant role, as he's been instrumental in Man Group's efforts to harness data to develop effective ESG models and to......................

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