QFS Asset Management, a hedge fund that provides clients with currency, global macro, fixed income and volatility management strategies, this week named Jim Conklin as its new director of research.

Company officials said Conklin will collaborate with firm founder Sanford Grossman on new research strategies for the Greenwich, Conn.-based firm.

Prior to taking on this new role, Conklin served as head of investment research at FX Concepts. Over the past 14 years, Conklin has overseen variety of research and investment strategy projects and teams as a portfolio manager, trader and strategies for firms including Fortress Investments, Lehman Brothers and FX Concepts.

"I am very pleased Jim has decided to join us at QFS," QFS CEO Karlheinz Muhr said in a statement. "We are excited about the contributions Jim will make to the disciplined investment research and management process that has defined QFS for almost two decades."

"As one of the longest continually-operating hedge fund organizations in the world, we were looking for a professional with sterling academic and professional credentials who shared our commitment to the applied research focus that has generated superior risk controlled returns for our clients through many different and often challenging market environments."

QFS oversees and manages more than $2.2 billion in client assets.