Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

BNY poaches currency specialist for fund launch

BNY poaches currency specialist for fund launch

BNY Mellon has hired currency specialist Federico Garcia Zamora from rivals American Century in order to oversee its planned currency-focused absolute return fund.

Zamora, who will report to Euro Stars AAA-rated manager David Leduc (pictured), will join the firm’s Boston-based fixed income specialist Standish Mellon Asset Management.

The proposed Alternative Ucits fund is part of Standish’s plans to further expand its product offering, although a date has yet to be set on when the currency absolute return strategy will be launched.

In his new capacity, Zamora will make investment recommendations in global currencies in single sector and multi-sector fixed income strategies.

Prior to joining Standish, Zamora served as co-manager of international fixed income, global fixed income and strategic inflation opportunities at American Century Investments.

He had also previously served as currency strategist and portfolio manager in the asset management arm of Lehman Brothers.

Commenting on Zamora’s appointment, David Leduc, Standish CIO, said: ‘Federico has extensive experience developing and implementing currency and currency overlay strategies using both quantitative and fundamental investment approaches.’  

‘He joins our growing team of experienced investment professionals supporting our global, emerging, opportunistic and absolute return investment strategies.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Thailand 2016

    Citywire Thailand 2016

  • Citywire Paris Alt Ucits 2016

    Citywire Paris Alt Ucits 2016

  • Citywire Deutschland 2016

    Citywire Deutschland 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Amsterdam 2016

    Citywire Amsterdam 2016

  • Citywire Munich 2016

    Citywire Munich 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Paris 2015

    Citywire Paris 2015

  • Citywire Paris 2015

    Citywire Paris 2015

  • Citywire Global New Ideas 2015

    Citywire Global New Ideas 2015

  • Citywire Global New Ideas 2015

    Citywire Global New Ideas 2015

  • Citywire Berlin 2015

    Citywire Berlin 2015

  • Citywire Berlin 2015

    Citywire Berlin 2015

  • Citywire Berlin 2015

    Citywire Berlin 2015

  • Citywire Alternative Ucits Retreat 2015

    Citywire Alternative Ucits Retreat 2015

  • Citywire Alternative Ucits Retreat 2015

    Citywire Alternative Ucits Retreat 2015