People Moves

Russell expands research and advisory services

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Russell Investments, which in 2007 ran a $6.2 billion fund of hedge funds business that it closed a year later, is expanding its manager research and consulting advisory services globally in an effort to deepen capabilities in less traditional strategies such as active commodities, private investments and higher-alpha-driven strategies.

The expansion includes plans to appoint more than 25 new specialist resources to Russell's global talent pool in Australia, Asia, Japan, Europe and the Americas. The new resources include senior consultants, senior investment strategists and manager research analysts.

In Australia, Nicole Connolly has been appointed as head of alternatives