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Millenium Global Investments makes two senior hires and pushes forward with US growth plans

News Team, 19/06/2019

Millennium Global Investments (Millennium Global) has appointed John Bradley as a senior portfolio manager and Richard Clark as executive vice president. Their roles will be based in London and the US respectively.

The institutional currency investment manager is looking to bulk up key areas of the company’s strategy and push forward with US expansion plans.

Mr Bradley will join its currency investment management team, responsible for overseeing active currency overlay and alpha programmes. He will report to Richard Benson, head of portfolio investments.

Prior to joining Millennium Global, Mr Bradley spent the majority of his career, which spans over 20 years, at JP Morgan where he worked in the Global Treasury and the CIO office. He was responsible for managing JP Morgan’s structural FX exposure from 2005 to 2015 and was a member of the CIO EMEA management committee, where he helped oversee the asset allocation for the bank’s investment securities portfolio.

Mr Clark will take up the position of executive vice president, and will be responsible for supporting the firm’s growth strategy in the US. His most recent role was at Frost & Sullivan Investment Partners, where he was managing director, partner and head of sales. During his extensive career of institutional business development, which also extends over two decades, he has also worked as senior vice president and national team leader at Northern Trust Asset Management for 10 years.  

Millennium Global Investments’ co-chief executive, Mark Astley, believed the two appointments would help develop crucial areas of the company.

He said: “Richard and John have a wealth of experience and will play a vital role in the next stage of our corporate development. We have seen significant interest in both traditional investment management and execution and advisory services. These senior appointments will help us to support our strategy in these crucial areas.”

Head of business development at Millennium Global Investments, Charles Goodman emphasised the Europe remained a key area for the asset manager.

He said: “This is an exciting time for Millennium Global Investments. Currency remains firmly on the radar for institutional investors, and we have seen a 35 percent rise in our assets under management since the end of 2016. This currently shows no signs of abating. In addition to expanding our offering in the US market, continental Europe remains a key part of our strategy and we maintain a focus on expanding our footprint in the region.”

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