Friday, 31 October 2014
Last updated 13 hours ago
Jan 12 2010 | 1:29am ET
The head of Soros Fund Management’s British business has left the hedge fund giant.
Chris Fellingham, who had served as U.K. CEO of Soros for about a year, is to join Ignis Asset Management, the money management arm of insurer Pearl Group. Ignis CEO Chris Samuel called the hire “a major coup.”
Fellingham, a fixed-income specialist who worked at Mercury Asset Management, Merrill Lynch Investment Managers and BlackRock before joining Soros, will start his new job at chief investment officer of fixed-income later this month. He will focus on the £71 billion firm’s £50 billion in debt investments and is charged with expanding Ignis’ business in the area.
Soros, which has just five employees in London, does not plan to hire a direct replacement of Fellingham, Financial News reports.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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