13th February 2012
SABRIENT APPOINTS CAGATAY M. CULCUOGLU TO LEADERSHIP TEAM
Thomson Reuters veteran applies international expertise to lead global business development
SANTA BARBARA, CA – Sabrient Systems, LLC, an independent equity research firm that specializes in alpha extraction through quantitative and qualitative analysis, announced today the appointment of Cagatay M. Culcuoglu as Senior Vice President, Head of Global Product Management. In this role, Culcuoglu will be focused on the planning, development, and execution of global products, including indexes and exchange-traded funds (ETFs), for the institutional market.
“Culcuoglu brings an immense amount of industry knowledge and expertise and we are pleased to have him join our leadership team,” comments Scott Brown, President, Sabrient. “Sabrient is one of the few investment research firms that have both quantitative and qualitative capabilities, and we look forward to utilizing the great leaders we have brought together to establish Sabrient’s international presence.”
“I am excited to be working with the Sabrient team,” notes Culcuoglu. “Sabrient is an established firm and has proven itself as a leader in the equity research industry. I’m looking forward to furthering this momentum as the firm continues its growth and expansion into the global marketplace.”
Based in New York, Culcuoglu has more than 13 years of experience in the financial services industry. Prior to joining Sabrient, Culcuoglu was the Director and Global Head of Product Management and Technology Proposition for Thomson Reuters, where he was responsible for developing business strategy, product management and proposition on $200 million wealth and investment management products that serve retail investors, professional advisors and asset managers. In his eight years at Thomson Reuters, Culcuoglu held various positions that contribute to the expertise he brings with him to Sabrient. Preceding his time at Thomson Reuters, Culcuoglu worked at Merrill Lynch, KPMG and Dow Jones. He earned his MBA from Penn State University, and has a Masters in Arts from the University of Maastricht, as well as a Bachelor of Science from Istanbul Technical University.
ABOUT SABRIENT SYSTEMS, LLC
Sabrient Systems, LLC, an independent equity research firm, specializes in unbiased, fundamentals-based quantitative equity solutions and analyst-driven qualitative research products for the benefit of investment professionals, advisors, self-directed investors, hedge funds, ETF and fund distributors and index providers globally. The quantitative analysts use scientific and innovative methodologies to backtest and rank 7,500 U.S. and Canadian stocks and identify names that are likely to outperform or underperform the markets.
In 2011, Sabrient acquired Gradient Analytics to provide first in-class academic and objective qualitative analysis on financial statements, forensic accounting and executive management behavior of publicly traded companies.
Sabrient first published its rankings in 2002, and its models have consistently outperformed benchmarks over a broad range of investing styles, market caps, time frames and market conditions. Its long/short strategies have produced 10-year annualized returns ranging from 21% to 47%. Sabrient is based in Santa Barbara, California. For more information please visit www.sabrient.com.
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