SOURCE: Glovista Investments LLC

Glovista Investments LLC

October 09, 2014 11:00 ET

Glovista Investments LLC Appoints Robert Slutz as CEO

JERSEY CITY, NJ--(Marketwired - Oct 9, 2014) - Glovista Investments LLC, an investment manager specializing in global macro and Emerging Market strategies, announces the appointment of Robert Slutz as Chief Executive Officer. "We have known Bob for nearly 20 years and are elated to welcome him to our team," said Dr. Carlos Asilis, CIO. "Bob brings to Glovista an extraordinary depth and breadth of financial markets experience that will prove invaluable in enhancing our business operations, expanding our products and overseeing our firm's growth," added Darshan Bhatt, Co-Founder and Deputy CIO. "I have known Carlos and Darshan for many years and have been following the success of Glovista since its inception; I know few investment managers with leaders of their pedigree and expertise. I very much welcome the chance to work with them again."

Robert Slutz brings to Glovista over 30 years of financial markets experience in various capacities including trading, risk management, credit analysis, portfolio management, operations and marketing. As CEO, Bob's role will be to ensure that the firm is ready for continued growth and to help enhance the firm's position as a "best of breed" Investment Manager in the Global-Macro and EM space. Prior to Glovista, Bob was COO/CFO of a Global-Macro hedge fund (Forum Asset Management). He has also served as President of Nile Capital Management, a mutual fund manager focused on investing in Africa. He co-founded Vega Asset Management in 1996 and traded the funds managed by Vega which was spun out of Banco Santander in July 1998. From 2003 - 2008 Bob served as Chairman of the Vega Funds and held management, operations and marketing responsibilities. Bob also served as CEO of ProximaAlfa Investments (USA), a $2 billion fund incubation business initiated by Vega. He began his career at Marine Midland Bank in 1984 and, after 6 years in the areas of Credit, Investment Banking and Derivatives Trading, moved to Banco Santander's Proprietary Trading desk, first in New York, then in Madrid. Bob received an M.A. in Economics and Comparative Politics from The Johns Hopkins University, School of Advanced International Studies. He received a B.A. in Government and East Asian Studies from Colby College.

Glovista Investments LLC is an SEC-registered and GIPS*-compliant investment advisor with offices in New Jersey, Florida and California. Glovista was formed by seasoned industry professionals with decades of financial markets experience spanning many geographic regions and products. Glovista employs global-macro analysis (top-down) combined with a deep value focus to generate risk-adjusted excess returns for investors. Glovista manages two flagship strategies on behalf of Institutional and High Net Worth clients including State and Municipal pension funds, Endowments, RIAs and Family Offices: the Emerging Market Equities strategy and the Global Tactical Asset Allocation strategy (GTAA). The Emerging Market Equities strategy has a 15-year GIPS compliant verified track record and has outperformed the MSCI Emerging Markets Index in 12 of 15 years. The GTAA strategy has a 7-year track record which has outperformed balanced and hedge fund indices since inception.

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