O’Shaughnessy Asset Management hires institutional sales veteran
O’Shaughnessy Asset Management (OSAM), a quantitative money management firm with approximately USD4.8bn in assets under management, has appointed David W Baeckelandt as managing director, institutional sales and client service.
Baeckelandt will be based in Chicago, where OSAM is opening a new office.
Baeckelandt will be responsible for institutional sales and client service for large domestic and foreign plan sponsors – and for managing consultant relationships. He also will head the firm’s new Chicago office, expanding OSAM’s US footprint and further enhancing the firm’s institutional sales and client service capabilities in the Midwest.
“David brings nearly 30 years of experience and institutional relationships to O’Shaughnessy Asset Management,” says Chris Loveless, president, chief operating officer and director of institutional sales and client service, OSAM. “He comes to this role with a unique combination of proven success, experience, contacts and motivation. This combination will help drive institutional sales while ensuring that we continue to meet our clients’ investment objectives and provide superior client service.”
Prior to joining OSAM, Baeckelandt was director of sales and marketing at Segall Bryant & Hamill, a Chicago-based investment management firm, where he focused on large corporate and public plan sponsors in the US and Canada. Before that, he served as principal and director of the analytics and research group at Mercer Investment Consulting. Previously, Baeckelandt set up and ran the Japanese subsidiary of William Blair & Co.
“I’m thrilled to join O’Shaughnessy Asset Management, where I will have the exciting opportunity to help build a firm that consistently relies on long-term, empirical evidence over short-term market movements,” says Baeckelandt. “With an extraordinary research team using highly sophisticated technology, OSAM offers the science and products that clients want and need, particularly in today’s environment.”
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