People moves

Oakley courts Cortes as head of global macro

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Oakley Alternative Investment Management is expanding its London operations with the appointment of Fabio Cortes as head of macro at the company's flagship fund of hedge funds, Oakley Absolute Return.

The expansion is fueled by the rapid growth of Oakley Alternative Investment Management, which has more than doubled its assets since January 2009. Cortes will work alongside Nick Hannan, chief investment officer, and Teun Johnston, head of investments, to develop the scope of the Oakley Alternative Investment Management investment function and business.

Prior to joining Oakley, Fabio Cortes was a managing director of Amundi AI SAS with a focus