Ardea appoints COO

Fixed income specialist, Ardea Investment Management (Ardea), has announced the appointment of Tracey Kellett as chief operating officer (COO).

In this newly-created role, Kellett will have oversight of "portfolio and risk management systems development and continual improvement processes," the firm said.

Kellett is well known to the Ardea team, having previously served almost six years with Challenger Limited in various roles, including three years as head of investment operations support and derivatives. Ardea is owned by its staff in conjunction with Fidante Partners, the boutique investment management business of Challenger Limited.

Commenting on her appointment, Ardea principal and co-founder, Stephen Clout, said: "As COO, Tracey will be responsible for ensuring growth is undertaken in a measured and appropriate manner...She will also take on the responsibilities of the compliance manager to ensure Ardea meets all of its regulatory and investment compliance requirements. Ardea also maintains a number of third-party relationships which will be maintained and managed by Tracey."