BOSTON - PanAgora Asset Management Inc. hired Jarrod Wilcox as its new director of global investments.
Mr. Wilcox, formerly director of international investments at Batterymarch Financial Management, Boston, will take over for Bruce Clarke, who was appointed president in October.
Tania Zouikin, chief investment officer at Batterymarch, said Mr. Wilcox won't be replaced. International and domestic investments groups will be merged into a group headed by Tom Linkas.
"The boundary of investments is rapidly disappearing," she said, noting it was not necessary to keep international and U.S. investments in separate groups.