American Century Investments has appointed Peruvemba Satish as a senior vice president responsible for the firm's newly created global portfolio analytics and engineering group.
Satish reports to American Century Investments co-chief investment officer David MacEwen and will be based at the USD145 billion asset management firm's Mountain View, California offices.
"Satish is a proven leader who brings tremendous experience in the areas of portfolio management, alternative investment strategies, research and analytics, product engineering and risk management to our investment team," says MacEwen. "Satish and his team will work collaboratively with our investment professionals on enhancing risk and return management for all American Century strategies. His asset management experience and impressive academic credentials make him uniquely qualified for this role."
Among Satish’s responsibilities will be the evaluation of macro and global risk factors to determine the potential impact on individual holdings and client portfolios. He also will work closely with investment management and the product development team on engineering new investment strategies consistent with clients' needs and American Century's quality standards.
"I'm honoured to join American Century Investments, a top-tier asset management firm with a reputation for looking out for the best interests of its clients and investors," says Satish. "I join a strong team of skilled professionals committed to excellence in managing investor assets and delivering value to their clients."
Satish joins American Century Investments from Allstate Corporation, where most recently he served as a senior managing director and portfolio manager for the performance-based strategies group. Previously, he was chief risk officer for Jamison Capital Partners, New York. Earlier, he was the chief risk officer and a member of the investment committee at DKR Capital Partners, an asset management firm specialising in alternative investment strategies. He previously was director of risk management at Soros Fund Management.