Asset Management
Boutique Index Firm Nabs Ex-Deutsche Asset Manager
Indexed-investment maker IndexIQ has hired former Deutsche Bank portfolio manager Julie Abbett to take a hand in overseeing the firm's product lines, including its separately managed account business.
"Julie brings tremendous experience in alternative-investment
strategies and rules-based investment products to the firm," says
IndexIQ's chief executive Adam Patti.
In her nine years with Deutsche bank's money-management division
the company, Abbett ran a number of US and global strategies
including funds - like the DWS Disciplined Market Neutral Fund,
the DWS Blue Chip Fund, and the DWS Disciplined Long Short Growth
and Value funds - that employ strategies based on multi-factor
quantitative models similar to those used by IndexIQ.
Prior to joining Deutsche, Abbett was a product developer at
FactSet Research Systems.
Rye Brook, N.Y.-based IndexIQ developer of index-based
alternative investment products that combine characteristics of
traditional index investing with the risk-adjusted return
potential of actively managed funds.
