Wednesday, 1 October 2014
Last updated 14 hours ago
Aug 31 2010 | 8:01am ET
Commodity-focused hedge fund firm Armajaro Asset Management has appointed Harry Morley as chief executive officer. Morley had previously been group finance director of Armajaro Holdings since 2008. He is taking over the role from Richard Gower, co-founder of Armajaro, who now becomes chairman of Armajaro Asset Management.
"With five hedge funds across commodity and emerging market sectors, we believe Armajaro offers investors a unique and compelling investment opportunity," said Morley. "Investment in commodities as an asset class has been growing rapidly, particularly among pension funds and other professional and institutional investors. I look forward to continuing to develop the business and building on the existing momentum and potential for further growth."
Prior to joining London-based Armajaro, Morley spent ten years working for a range of private equity backed businesses, and co-founded Tragus Holdings, the owner of the Café Rouge and Bella Italia restaurant chains, which was successfully sold to Legal & General Ventures in 2005. Prior to that, he worked for P&O for six years.
Armajaro Asset Management manages four commodity hedge funds and an emerging markets hedge fund with combined assets under management in excess of US$1.7 billion.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...