BOSTON, April 9, 2019 /PRNewswire/ -- Quantitative investment manager PanAgora Asset Management ("PanAgora" or the "Firm") today announced that Mark Anson and Margaret E. Wyrwas have been appointed to the Firm's board of directors. Mr. Anson and Ms. Wyrwas are the first two individuals from outside of the Firm to join PanAgora's board.
"Mark and Marge are excellent additions to our board. Marge's extensive strategic marketing and brand management expertise is a significant value-add to our Firm while Mark brings considerable investment and organizational insights borne out of his rich leadership experiences," said Dr. Eric Sorensen, Chief Executive Officer of PanAgora. "We are fortunate to have these two exceptional industry leaders on our Board and look forward to leveraging their knowledge and experience."
Mr. Anson has a track record of driving success at a number of notable investment managers and allocators, and will play an integral role in helping to further scale PanAgora's platform as the Firm embarks on its 30th year of operation. Mr. Anson is currently Chief Executive Officer and Chief Investment Officer at Commonfund, having previously held CEO and CIO roles at Bass Family Office, Nuveen Investments, British Telecom Pension Scheme, and California Public Employees' Retirement System. Mr. Anson is a member of the Board of the UAW Retiree Medical Benefits Trust, Editorial Board of MSCI-Barra, and the Board of the Chartered Alternative Investment Association.
Ms. Wyrwas spent the majority of her 35-year corporate career in the C-suite as a strategic partner to senior leadership teams with expertise in global marketing, communications and investor relations, grounded in finance. She was AQR Capital Management's first Chief Marketing Officer and prior to that, served as a Senior Managing Director of Communications, Marketing and Investor Relations at Knight Capital Group for more than a decade. Before Knight, Ms. Wyrwas was Senior Managing Director and Group Head of the New York Financial Communications division at Hill & Knowlton. She began her career at Mellon Bank. A past Chairman of the Board of Directors of the National Investor Relations Institute and a former Board Member of the Independent Research Network, a joint venture of NASDAQ and Reuters, Ms. Wyrwas is currently serving a three-year term on the Harvard Business School Alumni Board.
About PanAgora Asset Management
PanAgora Asset Management is a quantitative investment manager whose proprietary approach is designed to capitalize on inefficiencies across market cycles and to deliver relative and absolute returns through distinct and innovative equity, multi-asset and risk premia strategies. PanAgora's approach combines the firm's fundamental investment philosophy and original research with an advanced quantitative framework. These elements come together in an open, collaborative environment that builds upon the intellectual versatility of its team and leverages their complementary strengths — all of which are essential to meeting and exceeding the evolving objectives of institutional investors worldwide.
PanAgora was founded in 1989 and is based in Boston, MA. Shareholders include the Firm's employees and Great-West Life of Canada, a member of the Power Financial Corporation Group of Companies.
SOURCE PanAgora Asset Management