Parametric bolsters leadership

Parametric announced three new hires - a new head of responsible investing, managing director of research and director of research.

Gwen Le Berre will step into the lead responsible investing role, replacing Jennifer Sireklove who is now managing director, investment strategy.

Le Berre joins Parametric from Charles Schwab Investment Management, where she was director of investment stewardship and spearheaded proxy and corporate governance initiatives.

Prior to her time at Charles Schwab, Le Berre was vice president of corporate governance and responsible investment for BlackRock.

Sireklove welcomed Le Berre to the role, saying: "Gwen's experience in evolving investment stewardship programs, driving responsible investment policy development and understanding how to effectively engage with directors and executives on important issues will be invaluable to Parametric and its clients."

Meanwhile, Parametric is also expanding its research team with the hiring of Benjamin Davis as managing director of research, equity and factor strategies and Benjamin Hood as director of research, liquid alternatives, options and futures strategies.

Davis joins the company from AQR Capital Management where he was managing director, firm-wide risk management.

Prior to AQR, he was a quantitative researcher at Citadel and a member of the factor model research team at MSCI Barra.

Hood also joins Parametric from AQR, where he was lead researcher on risk parity portfolio risk models.

He is an adjunct lecturer in the Department of Finance at the Carlson School of Management, University of Minnesota.

Parametric chief investment officer Paul Bouchey said: "We are delighted to expand our research and development capabilities with the addition of experienced investment professionals."

"Ben Davis is expanding our leadership in custom indexing, factor-based investing and systematic alpha strategies. His extensive knowledge of risk modelling strengthens Parametric's research team and helps us to meet client demand for differentiated research."

Bouchey himself is about to step into a new role at Parametric, he'll become global head of research and development for Parametric at the start of November.

Read more: ParametricGwen Le BerreAQR Capital ManagementBenjamin DavisCharles Schwab Investment ManagementJennifer SireklovePaul BoucheyBen DavisBenjamin HoodBlackRockCitadel
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