Man Adds Quant To AHL Forex Effort

Apr 12 2012 | 10:31am ET

In an effort to turn things around at its flagship strategy, the Man Group has added an industry veteran.

Ravi Chari was named co-head of foreign exchange for AHL, Man said today. David Denison, the US$21 billion strategy's current head of forex, will remain in his post alongside Chari.

AHL lost 6.4% last year and is down 2.1% this year.

"We are pleased to be strengthening the team at AHL with someone who has such a wealth of experience in systematic trading as Ravi," AHL CEO Tim Wong said. "I look forward to working with him."

Chari joins Man from IKOS Asset Management, where he ran futures and forex funds. He spent just over two years at IKOS, and formerly worked at Millennium Partners, DKR Capital and Caxton Associates.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...