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Deals & People July 7, 2011
Wesley Chan Joins Acadian
Wesley S. Chan will join Acadian Asset Management LLC as Director of Research Operations.
Reported by PLANADVISER staff
As Director of Research Operations, Chan will lead Acadian’s bottom-up research effort alongside Malcolm Baker, a finance professor at Harvard Business School, who consults with the firm.
Chan comes to Acadian from Goldman Sachs Asset Management, where he served as a Vice President in the Quantitative Investment Strategies group; he was a lead member of a team responsible for tens of billions of dollars in global equity investments, developing alpha themes, and implementing new signals. Prior to Goldman Sachs, he was a partner and lead equity researcher at AlphaSimplex Group in Cambridge, Mass. Chan earned his A.B. in Economics from Princeton University, and a Ph.D. in Financial Economics from MIT Sloan School of Management.
“Wes brings with him a wealth of knowledge and deep understanding of investment markets, as well as innovative ideas in applying quantitative models to add value for our clients,” said John Chisholm, Acadian’s Chief Investment Officer. “His ties to members of our investment team go back a decade or more, and we believe he will make significant contributions to our future investment success.”