Past Atlantic Trust PM to lead platform outsourcer's bond-manager business. In a bid to increase its ability to provide regular-return investment products and services that satisfy investor demand for more conservative investment styles, wealth-management platform and performance-reporting provider Fortigent has hired former Atlantic Trust Private Wealth Management portfolio manager Adam Cohen as its director of fixed-income research. He reports to Fortigent's research and strategy head Scott Welch.

"Investors and advisors are focusing more attention on fixed-income solutions within their portfolios, and Adam's experience and expertise plays perfectly into that increased interest," says Welch. "He brings both portfolio-management and third-party due-diligence skills to the table, and he is a great complement to our already deep research team."

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As a senior portfolio manager with Invesco's Atlantic Trust (formerly Stein Roe) subsidiary, Cohen managed an in-house portfolio of fixed income assets and participated in the due-diligence process for outside managers.

In his new role with Fortigent, Cohen will oversee Fortigent's fixed-income products and services and take responsibility for seeing that fixed-income strategies are used appropriately in diversified portfolios, and for researching, selecting, and monitoring fixed-income managers.

Cohen, who has nearly 20 years of experience in financial service, says Fortigent's "focus on advisors that serve High Net Worth investors is a unique market niche, which positions it well for business success." He adds that Fortigent's "existing fixed-income solutions are already deep and broad, and I look forward to bringing my expertise to bear to make it even stronger."

Rockville, Md.-based Fortigent has around 50 institutional clients and more than $20 billion in end-client assets on its platform.

In other fixed-income news, London- and Monaco-based money manager Ambix Capital has hired manager Marco Sticchi away from Stockholm-based Whitebeam to run a couple of credit funds with Ambix' CEO Pier Alberto Furno. Furno bought Ambix from Lehman Brothers' receiver last year. -FWR

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