– USA, MA – F-Squared Investments today announced the appointment of Laura Dagan as Chief Executive Officer. Dagan, an industry veteran with nearly 30 years in the asset management industry, was an early investor in F-Squared and has been a member of the firm’s Board of Managers since November 2011. She succeeds Howard Present, who today announced his decision to leave the firm.
Dagan brings significant executive leadership, investment and governance experience to her new role. She previously served as Chairman, and prior to that CEO, of Dwight Asset Management Company, a fixed income and stable value asset management firm that invests on behalf of institutional clients. During her tenure, Dwight’s assets under management grew from $2 billion to $68 billion. Dagan is a Chartered Financial Analyst and a member of the CFA Institute, where she serves on the Standards of Practice Council.
“On behalf of the Board and all of F-Squared, I would like to thank Howard for his vision, dedication and commitment to F-Squared,” Dagan said. “We wish him well in all his future endeavors.”
Present commented, “Since co-founding F-Squared, I have watched the firm grow from a six-person startup to the dominant player in its space. I couldn’t be prouder of the company we have become, but I believe it is in the best interests of our firm and our clients that I step down. I can’t think of a more qualified professional than Laura, backed by the industry’s most impressive management and quantitative investment team, to lead this extraordinary company into the future.”
As CEO of F-Squared, Dagan will lead an innovative, $28 billion1 investment advisory firm with more than 170 professionals. Dagan will also serve as co-chair of the firm’s investment committee with Richard Weed, Managing Director, Investments. F-Squared offers clients unique strategies designed to protect investors from severe losses in down markets while providing participation in rising markets.
“It is an honor to work alongside such a seasoned management committee and diverse team of quantitative investment experts,” added Dagan. “Our products fill an important role in the market for investment solutions and it is a privilege to lead such an impressive company into the next phase of growth.”
Dagan has been involved with F-Squared since shortly after its founding, having invested in the business in its first year and in its products since 2009. She joined the Advisory Board in 2010 and became a member of the Board of Managers in 2011. A graduate of Bucknell University, she also attended the Women’s Director Development Program at the Kellogg School of Management. She has also completed the Advanced Management Program at Harvard Business School. She has been recognized as an investment expert with commentary in publications including Pensions & Investments, Institutional Investor, The Wall Street Journal, and appearances on CNBC. In addition to her industry success, Ms. Dagan is a former Chair and current member of Champlain College’s Board of Trustees, as well as the Vermont State Treasurer’s appointee to the Vermont Capital Debt Affordability Committee.
About F-Squared Investments
F-Squared Investments is a manufacturer of next-generation investment indexes based on its AlphaSector® and Portfolio Replication Technology capabilities, F-Squared seeks to deliver repeatable investment processes and solutions to help meet the financial goals of real investors. The firm’s core values center on striving to protect investors from significant down markets by actively de-risking, while participating in rising markets. F-Squared serves clients in the advisor, institutional, retail and retirement markets. As of September 30, 2014, F-Squared affiliated entities had more than $28 billion in fee-generating assets. F-Squared Investments is based in Wellesley MA and Princeton NJ.
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