UK - Schroders has appointed research analysts Naveed Chaudhry and Jean-Pierre du Plessis to its fund of hedge fund business.
Chaudhry and du Plessis will work alongside John Parkin, chief investment officer of the fund of hedge funds business.
Chaudhry joins from Lombard Odier, where he was investment manager for the institutional fixed income product.
Formerly head of international fixed income evaluation at Standard & Poor’s, du Plessis has also worked as a propriety bond trader at WestLB.
Schroders fund of hedge funds business has more than US$1bn under management invested in three strategies – diversified portfolios, global long/short equity portfolios and concentrated portfolios.
Commenting on the hires, Parkin said: “We are delighted that Naveed and Jean-Pierre are joining to further strengthen the research team for our fund of hedge funds business.”
“These appointments allow us to develop our fund of hedge funds infrastructure to meet the needs of our clients”, added Derek Doupe, executive director, fund of hedge funds.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
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