Sunday, 21 December 2014
Last updated 6 hours ago
Oct 1 2010 | 3:36am ET
A top Fidelity Investments money manager is set to try her hand at running hedge funds.
Brenda Reed is joining New York-based George Weiss Associates. When she takes up her new post in January, she’ll launch a global long/short hedge fund, with a possible long-only fund launch in the future, Pensions & Investments reports.
“I’m really interested that their product is basically a market-neutral product,” Reed said of her new employer. “That’s exciting, because after the experience of the last couple years, that’s really what clients are looking for.”
At Fidelity, Reed manages US$1.3 billion in funds, including the firm’s Global Focus Fund, which she launched seven years ago. She’ll move from London to New York to begin her job at George Weiss.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.