Bin Shi, Constantine Papageorgiou and Jie Lu have joined Acadian Asset Management as quantitative research analysts, said COO Churchill Franklin. The positions are new. Mr. Shi, who has a background in times series forecasting, machine learning and statistical modeling, was responsible for research and software development at statistical software company Mathworks Inc., according to a news release. Mr. Papageorgiou, who has experience in designing absolute-return strategies that leverage pattern recognition and machine-learning technologies, was vice president, research scientist at quantitative manager AlphaSimplex Group. Mr. Lu is a doctor of philosophy at the Massachusetts Institute of Technology physics department, where he focused on forensic alpha and price momentum studies. Mr. Franklin said the research team expansion comes as the firm's assets under management have climbed to $45 billion as of June 30 from $30 billion at the end of 2005.
Colin Hodges was named COO at hedge fund Frontier Capital Management...
Colin Hodges was named COO at hedge fund Frontier Capital Management in London, according to CEO Michael Azlen. It is a new position. Mr. Hodges reports to Mr. Azlen. Mr. Hodges was head of sales support, marketing, for Gartmore Investment Management's European retail business.