Rabia Shirazi was named global head of business development and Danica Hampton was appointed Asia-Pacific head of business development at currency manager Adrian Lee & Partners.
The positions are new, a spokeswoman confirmed.
Based in London, Ms. Shirazi reports to President and CIO Adrian Lee. She is also a senior partner.
Ms. Shirazi is responsible for business development and consultant relationships worldwide for the $16 billion money manager. She was head of portfolio management, currency solutions at Insight Investment and senior vice president at currency firm Pareto. Information on any replacement was not immediately available.
Ms. Hampton reports to Ms. Shirazi and is based in Sydney. She is responsible for expanding the firm's client base across the Asia-Pacific region. She was most recently head of investment specialists at Citi Australia.
Adrian Lee & Partners has $6 billion in APAC assets under management, the spokeswoman said.
"We are seeing a major increase in demand from institutional investors who want to address their currency risk while generating returns through active currency management," Mr. Lee said in a news release. "In today's challenging macroeconomic and market conditions, the additional alpha generated through currencies strategies has become very attractive, even needed. Currency alpha is quite uncorrelated with assets markets and it requires no additional capital."
The firm is in the process of appointing a head of business development for Europe, the Middle East and Africa.
Mr. Lee added in the news release that Ms. Hampton is "currently world masters weightlifting champion and all the team at AL&P wish her the best of luck in defending her title at the Masters World Championships in Orlando next month."
