U.S.-based quantitative investment management boutique Golden Capital Management (GCM) has strengthened its investment capabilities. The boutique’s enhanced competence comes with the closure of its October 1 deal with Wells Capital Management (WellsCap). The firm has boosted its operations and geographic presence and expanded its capabilities by acquiring certain assets, advisory clients and team members of WellsCap’s Boston-based global strategic products team. Amit Chandra, part of the global strategic products team, has been appointed CIO at GCM.

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