GSJBWere enlists hedgie BDM to global strategies sales

GoldmanSachs JBWere (GSJBW) has recruited a Sydney-based business development manager from a boutique fundraising agent for US hedge funds to an internally-run alternatives vehicle.

Nathan Pensabene will leave Catalyst Capital Management, a domestic third party marketing business for hedge funds including multi-strategy vehicle Halcyon Asset Management, long/short hedge fund-of-fund manager ABS and Chilton Investment Company, before the end of March. Soon afterwards Pensabene will undertake an investor relations role with a vehicle in GSJBW’s global trading strategies suite of funds, which operate in global markets and target offshore institutional investors, a spokeswoman for the manager said.

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Robeco CIO says AI winners and losers will be decided within a year

Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.

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