International Standard Asset Management has added some extra firepower as its assets top the US$1 billion mark.
The London-based hedge fund, headed by former Man Group CEO Stanley Fink, has named Darren Upton head of research, the Financial Times reports. Upton comes to ISAM from Fink’s old firm, he was head of trading research for the firm’s flagship, AHL.
At ISAM, Upton will lead the development of its own flagship, which, like AHL, is a quantitative strategy.
ISAM’s assets under management have doubled over the past 12 months.