Jeppe Ladekarl was named a director at First Quadrant and a member of the firm's global macro investment team, said Max Darnell, CIO.
The position is new.
Mr. Ladekarl was principal portfolio manager for currency and global tactical asset allocation portfolios at the $13.8 billion World Bank's Pension Plan, Washington. A World Bank spokesman couldn't immediately say if Mr. Ladekarl would be replaced.
