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Dr. Edward Rackham Joins Los Angeles Capital Management

/ Source: GlobeNewswire

LOS ANGELES, March 15, 2011 (GLOBE NEWSWIRE) -- Los Angeles Capital Management, a global manager of institutional equity portfolios, today announced a leading risk management executive, Dr. Edward Rackham, has joined the firm as Director of Risk Management.

"A thought leading developer of risk management technology and practices, Ed will be able to use his considerable skill set at LA Capital," says Tom Stevens, CEO. "Risk management has become a vital component in equity management and when Ed decided he wanted to move from developing novel technology for the money management industry to being part of the money management industry we were delighted to have him join our research team as the Director of Risk Management."

Hal Reynolds, LA Capital's CIO, commented, "We have had the opportunity to work with Ed for a number of years and appreciate his strong mathematical and investment background. It is a rarity to find someone that combines great analytical depth with an outstanding ability to communicate complex ideas. We look forward, as should our clients, to interacting with him." Dave Borger, Director of Research for the firm added, "Ed is a great complement to our research staff of 17 and we are looking to him to further quantify and control the myriad of risks our portfolios confront."

Dr. Rackham commented, "Few organizations fully embrace the importance of risk management and also encourage a dynamic exchange of ideas, LA Capital is one and I am looking forward to the opportunity to contribute to this well established team." Dan Allen, Director of Global Equities added, "Risk management in the global markets is increasingly important and Ed brings a wealth of global experience. His ideas will greatly contribute to our clients' success."

Dr. Rackham joins LA Capital after spending six years at Wilshire Associates in California, most recently as the Head of Research and Development of their Equity Analytics Group. In this role, he worked with over 100 institutional money management firms in risk management and equity technology. Prior to this, Dr. Rackham was an instructor in Mathematics and Physical Chemistry at Oxford University where he also earned his doctorate.

About Los Angeles Capital Management

LA Capital Management is a leading global equity manager recognized for pioneering research on dynamic stock selection and risk controlled portfolio management. Principals of the firm have researched sources of equity market risk and return for three decades and incorporate this knowledge and experience into each portfolio managed. The firm uses an adaptive forward looking investment process that avoids many of the pitfalls found in traditional quantitative or fundamental equity management. This process results in portfolios that consistently meet client return and risk objectives across a broad range of equity applications. L.A. Capital manages $7 billion in risk-controlled active equity, market neutral and active extension portfolio across region, style and capitalization segments of the global equity market. The firm focuses on managing money for sophisticated institutional investors worldwide where performance, risk management, transparency and customization are critical factors in the client relationship.

For more information on LA Capital visit:

CONTACT: Los Angeles Capital Management Dan Allen 310 914 5178