AlternativeSoft Announces Two London Hires

Apr 26 2011 | 9:23am ET

Software specialist AlternativeSoft has hired Tapiwa Manjengwa in sales and Akshay Lad as account manager in its London office.

Manjengwa will report to AlternativeSoft founder and CEO Laurent Favre. Prior to joining AlternativeSoft, Tapiwa had worked at Standard Bank, Investec Securities and Algorithmics in London and South Africa.

Lad, who will provide quantitative support to AlternativeSoft’s small and medium-sized clients, said, “Amid a fast-paced finance industry, it is crucial for portfolio managers to monitor the downside risk of their mutual funds and hedge funds. I am delighted to be part of AlternativeSoft’s expanding London team and look forward to develop my industry knowledge.”

AlternativeSoft is a software platform for asset selection, portfolio construction, return forecasting and hedge fund replication

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