Ardea strengthens portfolio implementation team

Fixed income specialist, Ardea Investment Management, has announced the appointment of Darren Wadhera as a fixed interest dealer within the firm's portfolio implementation team.

Wadhera joins Ardea with 21 years' global fixed income experience, primarily as a trader of global fixed income derivatives at Commonwealth Bank of Australia, prior to which he was a fixed income analyst at ANZ Capital Markets.

Additionally, according to Ardea, with his actuarial background, Wadhera will bring "strong quantitative skills" to his new role to "complement Ardea's proprietary relative value capabilities."

Ardea has also announced the appointment of Jean Dumas, formerly of Deutsche Bank, as a portfolio manager in the firm's investment management 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."