Otkritie Appoints Eleven New People to International Team

Otkritie, the Moscow-based provider of high-frequency trading solutions, has hired a team of eleven to bolster its expanding fixed-income and strategy department.

Ron Solberg has been appointed managing director, head of fixed income research and strategy, and will report into Alexander Burgansky.

In his new position, Solberg will primarily focus on Eurodollar and local-currency opportunities in CIS and CEEMEA. His responsibilities include fixed-income strategy, credit research - Eurobonds and ruble bonds, as well as quantitative research.

Prior to joining Otkritie, Solberg was co-founder and managing director of Armored Wolf, a global investment manager, where he was responsible for all emerging market investment activity.

He has also worked at PIMCO, Tokyo Mitsubishi (London), and Chase Securities (Hong Kong). His buy-side experience includes launching his own investment management firm with HNW and major hedge fund clients where he ran global macro, special situations, and long-short credit strategies.

The appointments coincide with the latest Thomson Reuters Extel results, which focus on excellence in investment banking and asset management as voted by institutional investors across Europe, as well as the Institutional Investor All-Russia Research Team rankings.

Otkritie achieved eighth (an improvement of nine places on 2010) and joint eighth positions respectively.