JANA Investment Consultants has appointed Michael Watt as head of quantitative applications as it grows its variety of analytical tools.
Watt was formerly principal consultant at PortfolioMetrics where he developed risk and portfolio analysis systems. Prior to this, he was head of investment risk at VFMC for 10 years.
JANA said the role was a reflection of the firm’s desire to evolve these type of tools and techniques amid the ‘noise and complexity’ surrounding them.
The firm said: “This is a pivotal appointment for JANA to assist in advancing JANA’s quantitative analytical capabilities. The variety and quantum of data and analytical tools is growing rapidly.
“Whilst the explosion of data and related tools holds much promise for JANA and our clients, there is also a lot of noise and complexity. The creation of the role of head of quantitative applications is a reflection of JANA’s desire to evolve our own tools and techniques, as well as help our clients work through what is increasingly a demanding and complex field.”
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