GLG Partners Hires MENA Expert

Sep 6 2010 | 8:57am ET

Global hedge fund firm GLG Partners has appointment Mark Diab as a portfolio manager. Diab will take responsibility for MENA equities within the GLG emerging markets team and will report into Bart Turtelboom and Karim Abdel-Motaal, GLG’s co-heads of emerging markets.

“We are delighted that Mark is joining GLG – his knowledge of the MENA region, as well as his broad investment and financial services experience will be an added strength to the GLG emerging markets team. He has a fantastic investment track record and we look forward to the significant contribution that Mark will bring to the firm going forward,” said Turtelboom.

“Mark’s approach to managing portfolios fits very well with our style,” said Abdel-Motaal. “The GLG emerging markets team differentiates itself by focusing on controlling volatility in the different funds.  As risk budgeters, we target 10% annualized volatility and maximize returns within this constraint.  The result is a highly liquid portfolio that tends to be market neutral - uncorrelated to major equity and bond indices.”
 
Diab joins GLG from over four years at AMWAL, a Qatari investment bank where he was a managing director responsible for the bank's equity asset management division, including the management of two mutual funds, several institutional client portfolios and AMWAL’s own proprietary capital. 


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.