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Millennium Global Investments opens Paris office

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Independent institutional currency investment manager, Millennium Global Investments (Millennium Global) ihas opened an office in Paris and appointed Klaus Paesler as a senior Business Development Manager for Europe.

The new Paris office will allow Millennium Global to better serve its existing continental European clientele and will provide a platform for further developments across Europe. In due course, it is expected the business will employ up to twelve individuals in Paris, including macro-economic and quantitative research staff.
 
The French company, Millennium Global (Europe) SAS, is managed by Alexandre Potin who joined Millennium Global from Factset, where he had been a senior product manager since September 2012, focusing on performance attribution solutions. Before that, Potin worked for ten years in institutional asset management at Lazard and Metzler in Germany, where he was a fixed income investment manager specialising in duration management and before that as a quantitative analyst and within the risk management division. Potin is a graduate of ENSIMAG – INPG and is a Chartered Financial Analyst (CFA). Alexandre reports to Michael Huttman, Chairman.
 
Klaus Paesler joins Millennium Global from Russell Investments, where he held several roles since 2007, including senior overlay portfolio manager, Head of Currency and overlay Strategy for EMEA, and most recently Head of German-speaking Europe. Paesler will focus on developing Millennium Global’s coverage of continental Europe, in particular Germany and German-speaking Switzerland, as well as contributing to the development of Millennium Global’s broader client relationship management and product development activities. He reports to Charles Goodman, Global Head of Business Development.
 
Millennium Global Investments’ Chairman, Michael Huttman, commented:
“I am very pleased to be able to announce the opening of an office in Paris. We have been very well received by the French authorities and we are looking forward to developing our presence over time. We considered other locations for our European office and opted for France because of its dynamic environment and the deep financial and mathematical skillset of its workforce. We are looking forward to using our experience to help French and European institutional investors and others manage their currency issues.”
 
Head of Business Development at Millennium Global Investments, Charles Goodman, adds: “There is a lot happening in the currency markets at the moment. We have seen a 35 per cent rise in our assets under management since the end of 2016 and there is significant demand for our services, not just in investment management but also in execution and advisory services. Continental Europe is a key part of our strategy and we are pleased to be able to reinforce our presence and coverage of the region.”
 

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