GLG Adds Russell’s Ind For Absolute Return Fund

Jul 2 2013 | 2:31am ET

GLG Partners has expanded its macro team with the addition of a former Russell Investments portfolio manager.

James Ind was named a portfolio manager at the Man Group subsidiary. The new post is part of GLG’s macro relative-value team, which is led by GLG chief investment strategist Jamil Baz and new hire Sudi Mariappa.

Ind will manage a total return strategy at GLG. At Russell, he led a $6 billion multi-asset team.

Ind’s new fund, set to launch in the next several weeks, will invest across asset classes to achieve returns of 5% over Libor.

“Ind’s experience will be invaluable as we seek to deliver a compelling proposition to a segment of the market currently dominated by a handful of players,” GLG’s U.K. retail chief, Richard Phillips, said.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note