Eclectica Appoints Sales Exec.

London-based Eclectica Asset Management has appointed James Du Boulay as its sales and marketing executive focusing on the development of its hedge and authorized investment funds.

Du Boulay joins from BDT Invest where he was responsible for growing the firm’s long-only, absolute return and long/short products. Prior to that he was at ABN Amro for six years.

“His extensive industry and sales expertise will play a major role in further developing our presence within the U.K. and European marketplace,” said Simon Batten, chief executive of Eclectica. “This is an important area of our business and this appointment reflects the growth potential we believe we have there.”

Batten and Hugh Hendry, former partners at Odey Asset Management, formed Eclectica in 2005. The firm currently manages some $650 million in total assets.