Thursday, 18 December 2014
Last updated 14 hours ago
Jun 10 2010 | 10:31am ET
The head of asset management at Swiss pension fund manager BVK has been arrested on allegations of misconduct and corruption.
The individual arrested was not identified, but Swiss prosecutors say it is the head of asset management at the firm, which runs the assets of Zürich’s civil servants’ pension fund.
It is unclear when the alleged misconduct occurred; Zürich’s financial department would say only that it deals with matters dating back several years, Investment & Pensions Europe reports. BVK said that none of its employees have been suspended.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.