Square Mile has bolstered its research and consulting team with two new hires.
Ajay Vaid (pictured) and Ibrahim Ishmail will join as investment research analyst and investment research assistant respectively.
Vaid and Ishmail will help maintain Square Mile’s universe of rated funds, conducting rating reviews through regular fund manager interviews and researching new strategies for consideration by the broader team. Vaid will also be responsible for the delivery of consultancy services to clients and taking the lead in certain key consulting relationships.
Vaid joins from Tilney where he was an equity fund analyst, specialising in global emerging markets, Japan and Asia Pacific ex Japan with additional experience of US and global equity funds. During his eight years at Tilney, Vaid led the research on these sectors, informing the fund selection for around £3bn of client money.
Ishmail was formerly an operational due diligence analyst within Barclays Wealth Management’s funds team. He previously worked at SG Wealth Management as an analyst assisting the CIO in managing discretionary portfolios with assets under management above £200m.
Square Mile research and consulting COO Jock Glover said: “We consider our 20-strong research and consulting team to be the beating heart of the business. Its rigorous, independent insight feeds into all other areas of our operations and our reputation for market-leading funds research is built upon this team.
“It is therefore crucial that we to continue to invest in this all important asset and we are delighted to welcome Ajay and Ibrahim to Square Mile. They both display the ability to engage with fund managers, objectively analyse the strategies they run and the acumen to present informed recommendations based on the insight they gain.”