Systematic Team Spins Out of Brandes Investment Partners
The systematic investment team at Brandes Investment Partners has spun out as Metis Global Partners. Metis Global Partners officially launched on Nov. 4 with the collaborative strategic support of Brandes, which will be a minority stakeholder in the San Diego, Calif.-based firm.
The majority women and African American-owned firm is led by President and CIO Machel Allen, who spent more than 10 years at Brandes. She said the discussions to spin out the team into its own firm began in 2011 after the systematic team launched a global micro-cap strategy.