Sunday, 21 December 2014
Last updated 14 hours 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.”
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.