7 Dec 2010
Unigestion has announced the strengthening of its senior management team with the appointment of Fiona Frick as Chief Executive Officer.
In her new role, Frick will be responsible for ensuring the continued delivery of excellence across the organisation in investment performance and client service standards. In this new organisational structure, Régis Martin, Unigestion’s current Chief Financial Officer, will take the additional role of Deputy Chief Executive. Frick and Martin will be supported by an executive committee comprised of five managing directors, responsible for the day-to-day running of Unigestion.
Previously Head of Equities, Frick has been with Unigestion for almost 20 years and ran several investment strategies before initiating the research on Minimum Variance in 1995, which targets long-term excess returns with less volatility. Her responsibilities as Head of Equities will be taken over by Alexei Jourovski, who has been a major contributor to the development, research and success of the Minimum Variance technique and has been part of the team for more than ten years. He will oversee a team of 19 dedicated professionals.
Frick will continue to be closely involved in the overall development of Unigestion’s Minimum Variance Equities capabilities as Chairman of the newly established Minimum Variance Investment and Research Committee.
This series of appointments will also see current Chief Executive Officer Patrick Fenal take the role of Deputy Chairman of the Board alongside Bernard Sabrier, Chairman, in order to continue the Company’s long-term development. Both will maintain their strategic roles in the Company, including involvement in Unigestion’s Hedge Funds and Private Equity Investment Committees.
In her new role, Frick will be responsible for ensuring the continued delivery of excellence across the organisation in investment performance and client service standards. In this new organisational structure, Régis Martin, Unigestion’s current Chief Financial Officer, will take the additional role of Deputy Chief Executive. Frick and Martin will be supported by an executive committee comprised of five managing directors, responsible for the day-to-day running of Unigestion.
Previously Head of Equities, Frick has been with Unigestion for almost 20 years and ran several investment strategies before initiating the research on Minimum Variance in 1995, which targets long-term excess returns with less volatility. Her responsibilities as Head of Equities will be taken over by Alexei Jourovski, who has been a major contributor to the development, research and success of the Minimum Variance technique and has been part of the team for more than ten years. He will oversee a team of 19 dedicated professionals.
Frick will continue to be closely involved in the overall development of Unigestion’s Minimum Variance Equities capabilities as Chairman of the newly established Minimum Variance Investment and Research Committee.
This series of appointments will also see current Chief Executive Officer Patrick Fenal take the role of Deputy Chairman of the Board alongside Bernard Sabrier, Chairman, in order to continue the Company’s long-term development. Both will maintain their strategic roles in the Company, including involvement in Unigestion’s Hedge Funds and Private Equity Investment Committees.
Commenting on these appointments, Bernard Sabrier, Chairman of Unigestion, said: “These changes reflect the growth and success that Unigestion has experienced and our determination to maintain this momentum in such a broad and changeable investment landscape. We are very confident that our clients will benefit from this management structure, which will bring an even more integrated, efficient, creative and strategic approach to our activities.”
Frick said: “I am very proud to have been involved in Unigestion’s development over the last twenty years and look forward to working with the Board of Directors and our executive committee in continuing our successful evolution, based on the long-standing principles of outstanding investment expertise and high quality client service.”
