Friday, 25 July 2014
Last updated 25 min ago
Jul 7 2010 | 10:30am ET
Union Bancaire Privée has named Ivy Asset Management’s Larry Morgenthal its new chief investment officer of alternatives.
The Swiss bank said Morgenthal, who was named CEO of Ivy in January following parent Bank of New York Mellon’s move to restructure its fund of hedge funds units, would also serve as CEO of UBP Asset Management. The firm said that Morgenthal would focus on UBP’s fund of funds platform.
“UBP has the right infrastructure to offer clients funds of hedge funds that can enhance the opportunity set for balanced portfolios, and for traditional equity and fixed income investments,” Richard Wohanka, CEO of asset management and alternative investments at UBP, said.
“Larry has a long track record of building alternative businesses through an understanding of client priorities and I am delighted that he will be leading the Alternatives division at UBP.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…