Tuesday, 23 September 2014
Last updated 10 hours ago
Aug 26 2010 | 12:07pm ET
Jean Keller, CEO of fund of hedge funds 3A, has resigned to join a boutique asset management firm.
Keller has led the fund of funds arm of Swiss private bank Syz & Co. for five years, more than quadrupling its assets during his tenure and extending its reach outside of Switzerland. Keller, the brother of Lombard Odier Darier Hentsch CEO Hubert Keller, will remain on several of 3A’s boards, Financial News reports.
Syz co-founder and Chairman Eric Syz will replace Keller on an interim basis.
Keller plans to join Argos Managers as CEO in February, when his non-compete agreement expires. He has already purchased a stake in the firm and will be an equal partner with its chairman and chief investment officer, Christopher Gelli and Philip Best, respectively.
“I wanted to do something more entrepreneurial and go back to my roots in institutional asset management,” Keller, who headed institutional asset management at Lombard Odier before joining 3A, told FN.
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 McKitich, CIO of Petty 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…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.