Butterfield Fulcrum Names New CEO

Jul 8 2010 | 8:56am ET

Hedge fund administration firm Butterfield Fulcrum has appointed Michael Clark as its new chief executive officer.

Clark was most recently president of the institutional products group at Fidelity Investments, and prior to that he was CEO of both JPMorgan’s Worldwide Securities Services and its Trust and Clearing Services.

The appointment comes as Akshaya Bhargarva, current CEO, leaves the company after three years at the helm of the business.

“The move complements Butterfield Fulcrum’s continuous effort to attract the best executive expertise available with new and emerging  technologies to deliver a truly best-of-breed set of solutions," said Jill Considine, chairman of Butterfield Fulcrum.

Butterfield Bank and Fulcrum Group merged in 2008, creating the current entity.


In Depth

Q&A: High Conviction, Low Correlation

Oct 30 2014 | 7:35am ET

Acadian Asset Management's numbers are big: over $70 billion in assets under management...

Lifestyle

Ex-Hedgie Steyer Gives $56M To Climate Action Super PAC

Oct 28 2014 | 9:23am ET

Retired Farallon Capital founder Tom Steyer has poured almost $56 million into his...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

The yield curve and stock market response

Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.