Since the emergence of “Modern Portfolio Theory” and the “Capital Asset Pricing Model” in the late 1960s, institutional investors have taken a quantitatively driven approach to portfolio construction, looking to create portfolio diversification and obtain better risk-adjusted returns by balancing their asset-class exposures. This journey has seen several important advancements in thinking about how to optimally achieve desired results.
Funds that want to take the total portfolio approach first need to get the total portfolio view. To do that they not only need data – and lots of it – but a rock-solid understanding of exactly how they’re going to use it.
Frontier hones private markets, real assets capabilities
Daniel Cave will join Frontier as a senior consultant in its real assets team with a focus on infrastructure, broader real assets research and client responsibilities. Prior to Frontier he was a senior investment analyst at Zenith, after working at KRA Wealth Management as a financial adviser.
Yeukayi Kadzere (pictured) joins as a consultant in the defensive assets and private markets team, with her role split between private markets research and direct client research. She previously worked in strategy and M&A deal advisory roles at Sayers Group and Golden Gate Advisory, and has also held analyst roles at PwC, BHP Billiton Iron Ore and KPMG.
“The real assets space has been a strength of Frontier for more than twenty years and in particular infrastructure continues to be a strong focus for our research program, so Dan’s experience grows this further,” said Frontier director of research Paul Newfield.
“At the same time, bringing in Yeukayi’s expertise in company valuation and analysis in the private markets area bolsters our stocks in this increasingly key area for our clients. We’re excited to have them both join our team in roles designed to allow them to bring their expertise directly to our clients.”
The appointments follow those of Alice Berriman and Viola Miao back in March. Berriman, who joined from HESTA’s portfolio construction and risk team, joined the capital markets and asset allocation team and was also slated to work with Frontier’s emerging quantitative team. Miao came to Frontier through its six month PhD internship program before being appointed to a permanent role as a quantitative analyst.
