Insight Investment, a UK-based institutional asset manager, has hired Svein Floden as new head of business development for liquid alternatives in the Americas.

Based in New York, Floden will report to Philip Anker, global head of distribution at Insight.

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In his new role, Floden will be responsible for developing products and implementing a distribution plan for Insight’s liquid alternatives, total return and absolute return products across the Americas.

Floden has joined Insight from Deutsche Bank Asset and Wealth Management, where he worked for 14 years and was most recently head of hedge fund sales and marketing for wealth management Americas and director of institutional alternatives distribution, Latin America.

Before to this, Floden was a member of the Latin America group at Citigroup’s Private Bank in New York.

Anker said: "Svein’s wide-ranging experience in building and expanding hedge fund platforms and in distributing alternative investment products in this region will enable him to play a broad and strategic role in the development of Insight in the Americas."

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