Augustus Hires New U.S.-Focused Marketer

Jun 19 2007 | 10:39am ET

Augustus Asset Managers, the London-based specialist fixed-income and currency asset management firm, has appointed Gary Droscoski to promote its long-only, absolute return and hedge fund products to U.S. investors.

Droscoski was previously a vice president at Atlantic Asset Management focused on business development and consultant relations and responsible for direct sales to corporate plans, endowments and foundations and insurance companies.

“The U.S. has been a key market for our specialist fixed-income offering since 1983,” Augustus president Edward Dove said. “Now that our company is distinct from the Julius Baer group, we have been looking for the right person to head our sales efforts for our range of products in this core market. I am delighted we have been able to attract someone of Gary's calibre and experience.”

Augustus currently has total assets under management of some US$8 billion in long- only, hedge and absolute return products.

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