Wednesday, 1 October 2014
Last updated 12 hours ago
Jun 16 2010 | 11:55am ET
It’s time for another exciting edition of prime brokerage musical chairs. With JPMorgan Chase snagging its head of sales for Europe, the Middle East and Africa, Barclays Capital has turned to the hedge fund world to hire one of the longest-tenured prime brokerage veterans on the continent.
Jack Inglis was named head of European prime services distribution at BarCap. He joins from hedge fund Ferox Capital, where he has been CEO since 2007. But before his three-year sojourn as a hedge fund executive, Inglis spent 17 years at Morgan Stanley, eventually rising to become co-head of European prime brokerage.
Inglis’ hire became necessary after Barclays’ own Brian Bisesi left the firm to join JPMorgan, where he’ll serve as head of sales and marketing for prime brokerage in Europe, the Middle East and Africa. That firm has also added a pair of deputies for Bisesi in Stephane Marchand and Dominic Rieb-Smith, formerly of Nomura’s prime brokerage, as executive directors on Bisesi’s sales and marketing team.
“The international growth of our prime brokerage business is a key strategic objective for the equities and prime services business and for the investment bank overall,” JPMorgan said in an internal memo announcing the hires.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...