Deutsche Asset & Wealth Management has hired Mihir Meswani and Nicolas Laporte as portfolio managers to strengthen the firm’s hedge fund advisory business.
Both appointments will focus on advising clients on custom portfolio solutions and employing liquid alternatives such as managed accounts, UCITS and ’40 Act funds.
Meswani was most recently a consultant to Mount Yale Capital Group.
Prior to that, he served as chief investment strategist at Sandalwood Securities, where he was a member of the investment committee with direct responsibility for the portfolio management of Sandalwood’s fund of hedge funds and alternative mutual fund portfolios.
Laporte was most recently a senior portfolio manager of alternative investments for the British Airways Pension Fund.
Previously, he held positions at Novartis’s pension fund, where he managed alternative investments, emerging markets and commodities, and HSBC Private Bank, where he was responsible for the management and performance of a large number of discretionary and tailor-made hedge fund mandates.
Martin Fothergill, global head of hedge funds for Deutsche Asset & Wealth Management, said: “With this strengthening of the team, we are perfectly positioned to offer our institutional and private clients the benefits of our hedge fund platform, risk oversight and portfolio advisory in one package.”
