La Française Global Investment Solutions (La Française GIS) has announced the appointment of credit derivatives specialist Michael Hattab-Maruani as a Senior Credit portfolio manager.
Hattab-Maruani’s investment banking and derivatives experience complements La Française GIS’ existing credit capabilities, which offer investors a flexible approach to credit investing and whose long-standing expertise spans the asset class.
Hattab-Maruani will be based in Paris and joins the team managing La Française GIS’ flagship credit opportunities strategy, which has produced annualized returns of 12% since inception in 2013 (as of August 31, 2015).
Hattab-Maruani’s hire is especially well timed as La Française GIS readies the launch of a Ucits credit vehicle.
He was formerly head of the US Credit Equity Proprietary Trading desk at BNP Paribas, having worked previously as a Senior Correlation Trader at Société Générale.
Renaud Champion, head of Credit Strategies at La Française GIS commented: “Michael has worked with several members of the La Française GIS team previously, so we are delighted that someone of his calibre has chosen to join us. His expertise, technical skills and cross-asset credit-equity experience will strengthen our multi-strategy credit program which invests dynamically across a broad range of assets and strategies for an all-weather approach.
“Michael’s background demonstrates our belief that combining complementary investment banking and asset management expertise enables La Française GIS to deliver innovative, long-term investment solutions to clients and we aim to build on this successful track record going forwards.”