Finnacial services company frontierAlt Funds Management has appointed Edward Jong as co-manager of the frontierAlt All Terrain Bond Fund.
Mr Jong has been co-managing the fund with Robert Marcus since its inception in 2006 and the two having been working together since 1994. As a result of Mr Marcus’s decision to retire and wind down Majorica Asset Management, Mr Jong has joined MAK, Allen & Day Capital Partners as senior vice president and portfolio manager and will be responsible for the company’s fixed-income. Mr Jong will be the lead portfolio manager of the fund. Most recently, he was vice president of fixed income with Majorica Asset Management. At Majorica, Mr Jong was responsible for implementing and formulating investment strategies for all fixed-income investment mandates.
Kurankye Sekyi-Otu, president of frontierAlt, said: We are confident that Ed’s extensive experience and lengthy association as co-manager of the fund will ensure the consistency of the investment strategy will be maintained. We are pleased to welcome Ed who strengthens our in-house capabilities in the fixed-income space.