Amundi has appointed Michael Hart as deputy CEO and global head of business development of its alternative investment specialised subsidiary in order to give the division "more global scope".

"At this point in time of our history, we needed a global senior hedge fund professional like Michael to raise Amundi’s position as a leading worldwide player in the alternative investment space," said Laurent Guillet, CEO of Amundi Alternative Investments and Amundi London Branch.

Michael has over twenty years’ experience in the alternative investment space. Previously, he was global head of business development, hedge fund solutions at Aberdeen Asset Management during which time he was responsible for developing and implementing the global business strategy of alternative solutions for Aberdeen’s alternative investments with a special focus on hedge funds solutions.

He previously worked for Bfinance investment consultants from 2000 to 2011 where he established and developed the institutional pension fund business.