EIP has appointed Daniel Turner as head of the firm’s investment team in Asia. Turner is responsible for the investment decisions across all EIP platforms; including the management of hedge funds, the Enhanced Funds series, and the firm’s Exchange Traded Funds platform, XIE Shares.
Previously, Turner (pictured), was head of Equity Derivatives Trading at Bank of America Merrill Lynch (BAML) in Hong Kong. Prior to BAML, Daniel held several roles over an eight-year span at Morgan Stanley in Hong Kong, with the most recent being Co-Head of Equity Derivatives Trading. Daniel started his career as an equity derivatives trader at UBS in London in 2001. Daniel graduated with honours from the University of Warwick, with a Bachelor of Science in Physics & Business studies.
Tobias Bland, CEO of EIP, says: “I have personally known Daniel for over 10 years, having traded with him during his time at Morgan Stanley. He has successfully demonstrated the ability to make non-correlated returns for his employers in Asia. Daniel brings a wealth of knowledge in long-only and hedged trading across a wide range of financial instruments. Additionally, Daniel brings with him a set of relationships from the trading and sales desks at Morgan Stanley and BAML. This skill, combined with EIP’s existing platforms and relationships bodes well for the future of the firm and will further enhance product performance.
“The reduction in investment banking principal trading activities in Asia is an advantage for alternative asset management industry, which aims to fill the natural gap in secondary markets.”