ard Odier Investment Managers (LOIM), the asset management arm of Swiss private banking giant Lombard Odier Group, yesterday announced it had recruited investment guru Theodore Economou to be the new chief investment officer (CIO) of its multi-asset business.
Economou comes from serving as both chief executive and CIO at CERN Pension Fund, where over a five-year spell he developed his renowned risk-based approach, the CERN Model.
Based in Geneva, Economou will be tasked with building on a similar approach that LOIM introduced for its employee pension fund in 2009 and developed for institutional clients.
Economou will report to LOIM’s CIO Jan Straatman.
Commenting on the appointment, Straatman said: “Theodore’s depth of experience running pension funds and his outstanding knowledge of their investment needs in building portfolios will be extremely valuable to our clients.”