Man Group hires BlackRock manager to launch multi-asset strategy

Draaisma will be responsible for the management of this strategy along with Ben Funnell, head of the Man Dynamic Alpha team, who he worked with at Morgan Stanley for nine years to 2006. He joins from BlackRock, where he spent six years as a global equity strategist, with a focus on portfolio management and asset allocation. Prior to this, he was a portfolio manager at TT International. and was a European equity strategist at Morgan Stanley for 13 years between 1997 and 2010. Funnell said: "Investors are facing an inflection point, where asset valuations are at multi-decade highs an...