Context Asset Management, the recently-launched alternative mutual fund firm, has named Andrew Wert as managing director and senior portfolio manager for single-manager funds.

Bala Cynwyd, PA-based Context Asset Management, the recently-launched alternative mutual fund firm, has named Andrew Wert as managing director and senior portfolio manager for single-manager funds.

Wert is responsible for the investment management of Context's single-manager products, including portfolio structure and design, sub-advisor selection, due diligence and risk management.

His appointment is an important component of Context's plan to add both single- and multi-manager alternative mutual funds to its product line-up. The firm launched its inaugural product, the multi-manager and multi-strategy Context Alternative Strategies Fund, earlier this year.

Prior to joining Context, Wert founded the investment advisor Cohesion Capital and spent five years as managing director of absolute return investments at the Brown University Investment Office in Providence, RI.

"Alternative mutual funds can be an important tool for investors seeking to diversify their portfolios and reduce volatility by allocating to non-correlated investments," said Wert.  

Context opened its doors in March 2014 - see more here.