Quant Asset Management, investment adviser to the QAM Global Equities Fund and the QAM Asian Equities Fund, has strengthened the board of both funds with the appointment of Peter Bennett as an independent director.

From 2000 to 2009 Bennett was a senior member of the management team at Gottex Fund Management where he held several posts including chairman of the research and asset allocation committees, head of Asia, and board director until his retirement in March 2009.

From 1978 to 1985 Bennett worked at Chase Manhattan Bank in both London and New York specialising in credit and commodity finance.

He joined JP Morgan in 1985 where he was a managing director and head of JP Morgan's North American derivatives business and later head of JP Morgan's MBS business in the 1990s.

Frank Holle (pictured), managing partner at Quant Asset Management, says: “We are very pleased and proud that Peter has chosen to join the boards of our funds. His expertise, which is based on both his in-depth knowledge of the hedge fund business and his longstanding experience in financial markets, will be a valuable asset for our investors in our funds. This appointment fulfils our desire to strengthen our good governance practices and to cover the interest of the investors in our funds.”