Lombard Odier Investment Managers has hired a founder of OLEA Capital Partners to boost its global macro business.
Tim Yetman is charged with building the business for the Geneva, Switzerland-based firm. He is based in London.
"Investors today need to focus more on a total rate of return from their portfolio in the face of lower returns and stagnant interest rates," Jan Straatman, chief investment officer at LOIM, said. "Responding to volatile markets and the economic turmoil that goes with them, global macro strategies will become increasingly relevant and, we believe, offer strong sources of alpha to our clients."