Altegris has hired Robert Murphy as deputy chief investment officer. He will also join the firm’s investment committee. Murphy joins Altegris after serving as the chief investment officer, co-portfolio manager and director of risk for Hatteras Alternative Mutual Funds for the past five years. Other prior positions include managing director in the investments group at Ivy Asset Management Corp., and partner and director of risk management at Meridian Capital Partners.

La Jolla, Calif.-based Altegris provides alternative investments for financial professionals and individuals seeking to improve portfolio diversification.

Please send On the Move items to Kathy Lynch.