Edgar E. Peters was named a partner at First Quadrant, company officials confirmed Monday.
He will continue to serve as co-director of global macro research, said Rick Roberts, another partner at the firm.
Mr. Roberts said Mr. Peters becomes the ninth partner at the firm.
In a statement, Max Darnell, First Quadrant chief investment officer, said Mr. Peters launched the firm’s Essential Beta strategy and is its lead portfolio manager.
First Quadrant, which manages more than $17 billion in assets, is a subsidiary of Affiliated Managers Group.