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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of