BOSTON, Jan. 25, 2016 /PRNewswire/ -- Acadian Asset Management LLC, a firm specializing in active global and international investing, today announced the hiring of Ilya Figelman as Senior Vice President and senior member of Acadian's research team. Mr. Figelman will be based out of the firm's Boston, MA headquarters and focus on asset allocation, macro-economic research and predictive signals across asset classes.
"Ilya's strong experience in multi-asset strategies and quantitative background makes him an exciting addition to the Acadian team," said John Chisholm, Chief Investment Officer of Acadian. "We are confident his expertise and leadership will contribute significantly to the firm's growth and help us better serve the needs of our clients, particularly in the area of cross-asset signals and asset allocation issues."
Mr. Figelman was one of the founding members of AllianceBernstein's Dynamic Asset Allocation group in 2009, where he served as a quantitative analyst and portfolio manager. He became Research Director of AB's newly formed Multi-Asset Solutions business in 2013. Previous to that, he held quantitative and analytical roles in other groups at AB, General Motors Asset Management and American Express.
"I'm excited to be working with so many talented people and have the opportunity to pursue research in a hands-on, entrepreneurial environment," added Mr. Figelman. "I believe a quantitative approach can offer unique insight into asset allocation issues."
Mr. Figelman holds an M.S. in financial mathematics from New York University and a B.S. in systems science and engineering from Washington University in St. Louis. He has also published several papers on equity momentum, options strategies and risk budgeting.
About Acadian Asset Management LLC
Acadian Asset Management LLC invests on behalf of institutional investors such as pension funds, endowments, governments and foundations, as well as individual investors. As of December 31, 2015, the firm managed over $66 billion. The firm uses an innovative array of disciplined, quantitative investment techniques and analytical models for active stock selection as well as country, sector and currency valuation. Acadian's strategies include managed volatility, emerging markets, global equity, small-cap, long/short, market neutral, and non-US equity strategies. For more information on Acadian, please visit www.acadian-asset.com.
SOURCE Acadian Asset Management LLC