Wilmington Trust Investment Management, an Atlanta wealth advisory subsidiary of the Delaware banking company, has announced the hiring of Adrian Cronje to be its director of quantitative portfolio management, a newly created post.
Mr. Cronje is to lead the firm's quantitative equity research activities and hold portfolio management responsibilities, the company said Monday. He is to join the management team for Wilmington Trust's large-cap core, large-cap value, and large-cap growth strategies. He also is to pilot-test the company's effort to expand internal small- and mid-cap coverage and international and market-neutral products, and he will evaluate new approaches to passive investing.
Before joining Wilmington Trust, Mr. Cronje was a director and deputy head of the quantitative equity products team at Schroder Investment Management Ltd. in London.
Wilmington Trust Corp. had $36.8 billion of assets under management at June 30.
