Ex Pictet hedge fund chief joins Systematica
As reported earlier by InvestmentEurope, former head of Hedge Funds at Pictet Alternative Advisors Jean-Pierre Selvatico (pictured) has joined Geneva-based Systematica Investments in January 2017 as head of Trading and Counterparty Management.
Pictet Alternative Advisors’ portfolio manager and senior hedge fund analyst Vincent Cadet is the lead manager on the funds previously managed by Selvatico since his departure.
Selvatico spent seven years at Pictet Alternative Advisors where he acted as CIO of the hedge fund division, responsible for selecting and investing in external hedge funds across all strategies.
Prior to joining Pictet, he has been a managing director at Barclays Capital in London in charge of the European interest rate option desk.
Selvatico began his career in 1993 at JP Morgan London as a quantitative researcher and then moved to the interest rate swaps market-making desk.
From 1997 to 2000 he managed the Dollar option desk at JP Morgan in New-York. He also worked at Credit Suisse First Boston in London from 2002 to 2004.
Systematica Investments had $10.2bn (€9.45bn) in assets under management as of March 2016.