Harcourt expands its commodity team

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Harcourt, the alternative-investment boutique of Vontobel Asset Management, has appointed Michel Salden (pictured) as senior portfolio manager.

Salden joins Harcourt from PGGM, the Dutch healthcare sector pension fund, where he has worked as senior portfolio manager for commodities and global macro incestment strategies. Overall, he has 12 years of experience working for Dutch pension funds, including APG and DPFS.

He will assume the responsibilities of the current portfolio manager, Jon Andersson, who will focus on his role as portfolio manager of the Vontobel Fund – Belvista Dynamic Commodity.


Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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