Key Takeaways
- • Insight Investment has appointed Svein Floden as head of business development for liquid alternatives in the Americas, based in New York.
- • Floden will report to Philip Anker, Insight's global head of distribution, and will develop products and a distribution plan for the firm's liquid alternatives, total return and absolute return products across the Americas.
- • Floden joins from Deutsche Bank Asset and Wealth Management, where he spent 14 years, most recently as head of hedge fund sales and marketing for wealth management Americas.
- • The hire supports Insight's expansion of its investment offering beyond the UK and Europe as it builds its institutional and wholesale franchise in the Americas.
Summary
In the role, Floden will be responsible for developing products and implementing a distribution plan for Insight's liquid alternatives, total return and absolute return products across the Americas. The appointment reflects the firm's push to serve the increasingly global demands of its institutional and wholesale clients, Anker said.
Floden joins Insight from Deutsche Bank Asset and Wealth Management, where he spent the past 14 years, most recently as head of hedge fund sales and marketing for wealth management Americas and director of institutional alternatives distribution for Latin America. Prior to Deutsche Bank, he was a member of the Latin America group at Citigroup's Private Bank in New York.
Anker said Floden's experience in building and expanding hedge fund platforms and distributing alternative investment products in the region would enable him to play a broad and strategic role in Insight's development in the Americas. Floden said Insight has built a strong reputation in the UK and Europe for client-focused, outcome-oriented investment solutions, and that joining the New York team as the firm builds its regional franchise is an exciting prospect.
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