James Ind joined GLG Partners, Man Group's hedge fund management subsidiary, as a portfolio manager on GLG's macro relative value investment team.
Mr. Ind's position is new, part of an expansion of the team co-headed by Sudi Mariappa and Jamil Baz, who also is GLG's chief investment strategist, said Laura Humble, a Man Group spokeswoman, in an e-mail.
The macro/relative value team is developing a total return strategy that Mr. Ind will work on, Ms. Humble said.
Mr. Ind was a managing director and portfolio manager in Russell Investments' London office, where he headed the team constructing and managing multiasset portfolios totaling $6 billion. Mr. Ind's duties have been assumed by others on the team, said Katherine Stouffer, a Russell Investments' spokeswoman, in an e-mail.
