Acadian appoints portfolio management and research head
Acadian Asset Management has appointed Suhail Mehra, an ex-portfolio manager from Macquarie Funds Group, as their vice president of portfolio management and research.
The investment management firm, based in Boston, said Mehra would work in their Australian investment team in Sydney, with a focus on portfolio management for a number of Acadian's long-only and long-short strategies.
Acadian Australia chief executive officer, Andrew Hair, said they were confident in Mehra's expertise, as he would be able to "contribute significantly to the firm and to the investment solutions" they provide.
Hair said Mehra's role would also involve research into alpha signals, risk modelling, portfolio construction and tax effective-income strategies.
The hire of Mehra "signals our growing position in the Australian market and is a broader recognition of the opportunities available to Acadian in Australia", he said
Mehra "has a strong quantitative background but importantly, possess a sound understanding of stock fundamentals. He also has a wealth of experience in tax-effective investment, an area of significant importance," Hair said.
Mehra was also previously a quantitative analyst with Macquarie Funds Group and Citigroup in Sydney.
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