EUROPE - Northern Trust Global Investments has appointed Kelly Young as a portfolio manager in its global quantitative management team, which currently has more than US$187bn in funds under management.
Based in London and reporting to Rodney Fernandes, European head of quantitative portfolio management, Young will be responsible for managing passive and enhanced index portfolios and contributing to trade strategies.
Commenting on the appointment, Fernandes said: “[Young’s] appointment is in line with our strategy to continue to grow our European quantitative management business, and her experience and expertise will complement the current team’s range of skills and capabilities.
“In 2005 our aim will be to further penetrate the Continental European market with our quantitative investment solutions.
“With developments such as the launch of our pooled passive and enhanced funds range this year, and by recruiting top talent like Kelly and Chad Rakvin – who has just joined our global quantitative team in New York – NTGI is focused on maintaining its position as a leading provider of world-class, quantitative investment solutions to institutional and high net worth investors around the world.”
Young joins from Barclays Global Investors in London where she was portfolio manager and strategist.
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