Global quantitative asset manager, First Quadrant, has appointed Bill Goodsall as chairman and promoted Robert Brown to managing director.
Goodsall has been managing director of UK and European operations since 1992 when the business he founded - specialist indexing boutique Barbican Capital Management - was acquired by First Quadrant.
Already a global partner of First Quadrant, Brown broadens his role to include executive responsibilities for the firm's UK and European businesses.
Since joining the firm in 1995 as a director, he has been responsible for major customer relationships, asset management operations and operational management.
Brown joined First Quadrant from NatWest Investment Management (now Gartmore), where he spent 11 years managing quantitative investment processes. More recently he was director and head of structured equities.
*First Quadrant has offices in London, Pasadena and Boston, and £11bn of assets under management.
By Madhu Kalia
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