Key Takeaways
- • BMO Financial Group is recruiting a research director to oversee manager selection and due diligence across its third-party hedge fund platform, according to a CityWire report.
- • The role sits within BMO Wealth Management and will shape the platform's hedge fund strategy and identify potential managers and strategies for inclusion.
- • The position combines qualitative and quantitative manager assessment, ongoing monitoring of existing managers, and client-facing responsibilities.
- • The search follows BMO's continued expansion of its alternatives offering, with the group currently overseeing approximately $1.08tn (CAD 1.5tn) in assets.
Summary
BMO Financial Group is expanding its hedge fund capabilities through a search for a research director who will take responsibility for manager selection and due diligence across its third-party hedge fund platform, according to a report by CityWire, as relayed by Hedgeweek.
The new hire will sit within BMO Wealth Management and help shape the firm's hedge fund platform strategy. The role includes identifying potential managers and investment strategies for inclusion on the platform. The research scope covers detailed qualitative and quantitative assessment of prospective funds, including investment approach, management teams, risk controls and performance. The successful candidate will also monitor existing managers to confirm they remain aligned with their stated strategies and risk parameters.
Beyond manager research, the position carries a client-facing element. The research director will contribute to portfolio construction and strategy discussions, participate in client meetings, and work with colleagues to develop and promote BMO's hedge fund offering.
The search comes as BMO continues to expand its alternatives offering. The group currently oversees approximately $1.08tn (CAD 1.5tn) in assets.
The new hire will sit within BMO Wealth Management and help shape the firm's hedge fund platform strategy. The role includes identifying potential managers and investment strategies for inclusion on the platform. The research scope covers detailed qualitative and quantitative assessment of prospective funds, including investment approach, management teams, risk controls and performance. The successful candidate will also monitor existing managers to confirm they remain aligned with their stated strategies and risk parameters.
Beyond manager research, the position carries a client-facing element. The research director will contribute to portfolio construction and strategy discussions, participate in client meetings, and work with colleagues to develop and promote BMO's hedge fund offering.
The search comes as BMO continues to expand its alternatives offering. The group currently oversees approximately $1.08tn (CAD 1.5tn) in assets.
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