Ostrum Asset Management (Ostrum AM), an affiliate of Natixis Investment Managers, said today that Gaëlle Malléjac will be its global chief investment officer.
With this move, Ostrum AM brings together all its management expertise – insurance and ALM solutions, fixed income, quantitative and structured – and research – economic research and market strategy, credit research and quantitative research – under one leadership, according to a statement by the company.
Reporting to Olivier Houix, CEO of Ostrum AM, Malléjac will oversee a team of more than 140 investment professionals managing assets totaling €396bn ($434bn). She will particularly focus its institutional clients, especially regarding the issue of transitions, where Ostrum AM positions itself as a leading player.
Houix commented: “[Gaëlle’s] extensive asset management experience, sharp expertise, leadership, and the great quality of work she has delivered alongside our teams over the past three years constitute a valuable combination of assets in support of our ambition to be an asset management leader for major institutional clients.”
Malléjac has over 30 years of experience in asset management. After working for the fixed income management team at Groupama Financial Bank from 1994 to 1997, she joined Groupama Asset Management as a fixed income insurance manager and then held the positions of head of institutional fixed income management and then head of fixed income and credit management.
In 2012, Malléjac was appointed director of fixed income management, responsible for credit management, directional and aggregate fixed income management, and cash management.
From 2015, she became director of active investments, overseeing fixed income, equity, convertible, multi-asset management, and financial engineering, while also being a member of the executive committee at Groupama Asset Management.
Malléjac joined Ostrum AM in May 2021 as director of insurance management and ALM solutions