LONDON (HedgeWorld.com)–International Asset Management hired Pierre-Antoine Bares as head of quantitative research, a new position.
Previously Mr. Bares was head of research at Montreal-based Norshield Financial Group. Officials there did not return a call by press time inquiring as to who took on Mr. Bares' responsibilities. Prior to joining Norshield Financial, Mr. Bares was a professor at the Swiss Federal Institute of Technology in Lausanne, Switzerland, where he did research on risk and hedge funds.
At IAM, Mr. Bares will bring his skills to a 33-strong research team, which also includes a group in New York.
"Pierre-Antoine brings his strong academic background to IAM," said Alan Djanogly, IAM's founder and investment director, in a statement. "We look forward to the stimulating effect of having a research academic within the team and the insights which Pierre-Antoine will contribute to IAM's quantitative analysis process."
Mr. Bares said in the statement that IAM's 20 years of hedge fund investing experience, combined with its investment techniques and interest in the latest research concepts, made the firm a good fit for him. "Joining IAM's highly regarded investment team is an exciting opportunity to focus on the tactical contribution that quantitative analysis can make to portfolio construction and active investment management," he said.
