Saturday, 30 April 2016
Last updated 3 hours ago
Apr 15 2010 | 11:44am ET
U.K.-based asset management firm Octopus has hired Thierry Serero to spearhead the management of its European funds, including a new absolute return fund which is set to debut later this spring.
Serero joins Octopus with over 20 years’ experience in fund management, including stints at Fidelity Investments and New Star Investments.
Over the past few months Serero has been working with Lothar Mentel, chief investment officer at Octopus, on planning and structuring the new fund, which will aim to achieve a positive absolute return for investors in all market conditions through investment in European equities, equity-related securities and derivatives.
“I am very pleased to have joined the absolute return team at Octopus. The move from a pure hedge fund environment to the retail absolute return space is a perfect fit for my experience and skills,” said Serero. “Octopus has developed a first class fund management reputation and I am looking forward to working with Lothar and the team to build a market-leading European absolute return fund within this fast growing business.”