Surrency joins Algebris amid L&G licence delay

Seven months is a long time to be unable to approach potential clients – so it’s perhaps not surprising that Richard Surrency has taken on a new role at alternatives manager Algebris Investments. His previous employer, UK-based Legal & General Investment Management, set up a Hong Kong office in mid-2012, its first in Asia. Surrency joined to run regional sales and distribution, while Alan Flynn – previously Asia ex-Japan head of investment consulting at Mercer – is regional he…