Thursday, 8 October 2015
Last updated 18 min ago
Apr 19 2010 | 4:54am ET
Iftikhar Ali’s stay at hedge fund James Caird Asset Management will be a short one.
The former head of European and Asian credit arbitrage trading at Bank of America is leaving the London-based hedge fund after just nine months. Ali is currently negotiating his departure from the US$2.4 billion hedge fund, which was spun off from Moore Capital Management in 2008.
Ali is not the only James Caird employee discussing his exit, Financial News reports. At least one other, like Ali a credit trader, is believed to want out.
Ali joined James Caird in June as head of its European credit business.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…