Amundi has expanded its alternative investment specialized subsidiary by hiring Michael Hart as deputy chief executive officer and global head of business development for its London office.

Prior to joining Amundi, Hart served as global head of business development, hedge fund solutions at Aberdeen Asset Management, developing and implementing the global business strategy of alternative solutions for Aberdeen’s alternative investments.

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Earlier to this, he worked at Bfinance investment consultants and also at Morley Fund Management in London. He started his career in institutional business development in New York.

Laurent Guillet, CEI of Amundi Alternative Investments and Amundi London Branch, said: "With more than USD11bn in assets, the Alternative Investments branch of Amundi provides absolute return solutions adapted to today’s markets and enhanced regulation, from managed accounts, alternative funds of funds to a full range of dedicated advisory services."

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