PMA Founder Malik Resigns

Aug 30 2010 | 12:49pm ET

The founder of Sparx Group’s Hong Kong subsidiary is leaving the firm.

Farhat Malik has resigned as chairman of PMA Investment Advisors, the firm said. Malik helped set up the firm more than eight years ago, and in a statement PMA called him a remarkable founder.

Malik is stepping down to spend more time with his family, the firm said.

Tokyo-based Sparx is Asia’s largest hedge fund firm.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…