MGIM picks new hedge fund analyst
Kris Richmond has been appointed as a hedge fund analyst for Momentum Global Investment Management. He will focus on a range of hedge fund strategies including macro, fixed income arbitrage and volatility.
This appointment highlights London-based Momentum’s commitment to the alternatives strategies sector. Richmond joins Momentum from PAAMCO where he focused on long short equity, event driven, volatility and convertible bond arbitrage strategies.
At Momentum, which serves both institutional and retail markets in Europe, the Middle east and Africa, he will steer the flagship FoHF strategies, Global Spread Capture and Focused Opportunities.
Momentum Global Investment Management Limited is part of the Momentum Group, one of the largest insurance companies in South Africa, with a market capitalisation of circa $3.5bn as at
31 December 2011.