GLOBAL - Watson Wyatt has created a global quantitative research and investment systems group and brought in industry expertise to bolster the team.
Paul Trickett, European head of investment consulting, Watson Wyatt, said: "We have used quantitative analysis in risk management, strategic asset allocation and assessment of investment managers for many years; however, it has become an increasingly important function of our research capability so we decided to create a dedicated team to meet the needs of the global firm."
Jagdeep Singh Bains has joined the team from Barclays Global Investors (BGI) where he had been European head of transition portfolio management for five years.
Previously he had worked for BARRA and Merrill Lynch.
Yakoub Yakoubov was assigned as head of the asset liability modelling research team.
Within the team Peter Keutgens would be responsible for the manager research quant team and Duncan Morgan would run the investment systems team.
Trickett added: "We are confident that this new group will become an increasingly valuable resource to our clients."
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