Wesley S. Chan was named director of research operations at Acadian Asset Management, effective in September, confirmed Churchill Franklin, executive vice president and COO.
The position is new.
Mr. Chan will help lead Acadian’s bottom-up research effort with Malcolm P. Baker, the Harvard Business School finance professor who serves as a consultant to Acadian, setting “the direction for the firm’s quantitative stock selection research,” according to a statement released by Acadian.
Mr. Chan was a vice president at Goldman Sachs Asset Management’s quantitative investment strategies group. GSAM spokesman Ed Canaday declined comment.
