Ardea strengthens investment strategy team

Fixed income specialist, Ardea Investment Management, has announced the appointment of Jean Dumas as a portfolio manager within the firm's investment strategy team.

Dumas previously worked for Deutsche Bank where he spent 10 years in senior fixed income research roles in Australia and Europe, including head of relative value research for Europe in London. He subsequently spent 13 years in fixed income trading positions in London and Sydney with Deutsche Bank, focusing on global volatility and interest rate derivative markets.

In his new role at Ardea, according to the firm, Dumas "will generate investment ideas, adding to the depth and breadth of relative value experience in Ardea's highly regarded team, particularly due to his expertise in global markets."

Ardea has also announced the appointment of Darren Wadhera, formerly a dealer of fixed income derivatives at CBA, to the firm's portfolio implementation team.

In welcoming both new appointees, Ardea principal and co-founder, Ben Alexander, said: "These appointments represent an investment in both our alpha generating capability, especially in relative value investing, as well as in our capacity to manage risk positions and trade efficiently, a fundamental part of our business".

He added: "Jean and Darren give us more bandwidth and depth of experience. They are a great fit for us both culturally and in terms of our rigorous investment approach."