Edinburgh Firm Expands Hedge Fund Business

Specialist active equity manager, Martin Currie Investment Management Limited, has expanded its global hedge fund arm with two senior hires, Alastair Barrie and Clayton Cheek.

Barrie joins in the newly created role of global head of hedge fund sales and Cheek joins as US head of hedge fund sales. Both bring with them extensive business development experience and join existing sales director, Mike Gibb.

Alastair pereviously worked at RBS where he was director of institutional business. In this new position he will be responsible for growing their global hedge fund business. Prior to RBS Alastair was director of global hedge fund sales and UK wholesale distribution at Henderson.

Clayton joins Martin Currie’s office in New York. Previously he worked for Man Investments in New York where he was head of institutional sales for the US. Prior to Man, he was managing director, head of client development Americas for Ivy Asset Management.

"We are thrilled that Alastair and Clayton are joining our successful and growing hedge fund business." Allan MacLeod, managing director of sales, marketing and client service at Martin Currie said, "Our hedge fund business is now over nine years old and has over US$1 billion under management across ten funds. It is a clear reflection on the quality of our business that we have been able to attract such high calibre professionals."

Martin Currie manages £10.7 billion ($18 billion) for clients worldwide, with $1.2 billion of that in absolute return funds.