RenTech Institutional Chief Joins RS Investments

Jan 5 2012 | 11:56am ET

Money manager RS Investments has hired a top Renaissance Technologies executive to serve as its new CEO.

Matthew Scanlan had served as president and CEO of RenTech subsidiary Renaissance Institutional Management, the $18 billion hedge fund's institutional investment business. He'll now lead San Francisco-based RS, which is owned by Guardian Life Insurance and manages more than $20 billion.

Scanlan succeeds the retiring Terry Otton.

"RS is well-positioned today as a result of the firm's well-established culture of investment excellence and its unwavering commitment to serving clients," Scanlan said. "I intend to maintain this focus which guiding RS toward continued responsible growth."

Prior to joining RenTech, Scanlan led Barclays Global Investors' institutional business and was a senior portfolio manager at Northern Trust.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of