LONDON, December 18, 2015 /PRNewswire/ --
Jetstone Asset Management (Jetstone) has appointed Patrick Rudden as its chief investment officer (CIO).
He joins Jetstone from Alliance Bernstein in London where he was international head of multi-asset solutions and co-manager of the company's dynamic diversified portfolio.
At Jetstone he will be responsible for overseeing the firm's multi-asset investment strategy.
With $1.8 billion of committed assets, Jetstone currently deploys a multi-asset, multi-manager, globally diversified strategy investing across equities and bonds. The portfolio's asset allocation is dynamically managed, taking into account the risks of investing.
Ahmad Butt, CEO, of Jetstone Asset Management said: "We are very pleased that Patrick has joined our team. His experience will be invaluable in the management of the assets and partnering with us in building a world-class product."
"There is a well-defined need for a liquid, disciplined, and innovative multi-asset proposition that can actively exploit opportunities across global markets and offer stable risk adjusted returns. Jetstone Asset Management will seek to fulfil this demand in the market by combining a top-down asset allocation based on practical and academic know-how with quantitative risk management based on better transparency. Jetstone's robust investment process will aim to ensure that we are committed to long term quality growth."
Patrick Rudden holds an MA in English from Oxford University and an MBA from Cornell University. He is also a CFA charter holder.
About Jetstone Asset Management:
Jetstone Asset Management (UK) LLP, registered in England No OC394214, not currently FCA authorised. http://www.jetstoneam.com
SOURCE Jetstone Asset Management