Sunday, 21 December 2014
Last updated 4 hours ago
Aug 4 2010 | 2:52am ET
Rick Rieder, the founder of hedge fund R3 Capital Management, is set to take over BlackRock’s fixed-income unit amidst a round of asset management musical chairs.
Rieder, who joined BlackRock as head of the fixed-income alternatives portfolio team after the firm bought R3, will be chief investment officer of BlackRock’s fixed-income unit. He succeeds Curtis Arledge, who is to join Bank of New York Mellon as head of its asset management business.
Arledge’s move to BNY Mellon follows the departure earlier this year of Ronald O’Hanley for Fidelity Investments and the exit last week of Jonathan Little, one of the unit’s two interim co-heads.
Prior to founding R3 in May 2008, Rieder was head of global principal strategies at Lehman Brothers.
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.