Monday, 30 March 2015
Last updated 2 days ago
Oct 14 2010 | 1:25am ET
Aberdeen Asset Management has named two former Credit Suisse executives to head its combined multi-manager business.
Graham Duce and Aidan Kearney joined Aberdeen when the firm bought some Credit Suisse fund management assets, including its long-only division, two years ago. They will now serve a co-head of a unit that combines the former Credit Suisse funds and the funds of funds business Aberdeen bought from the Royal Bank of Scotland Group earlier this year.
Duce and Kearney had led a multi-manager at Credit Suisse. Their promotion follows the exit of Michael Timmerman, the RBS fund of funds chief investment officer who joined Aberdeen following the January acquisition.
"Graham and Aidan bring a wealth of experience and expertise to the role and are supported by highly regarded and award-winning teams of investment and operational specialists who originally joined Aberdeen from both RBS Asset Management and CSAM," Anne Richards, head of alternative investment strategies at Aberdeen, said. "An increasing number of our underlying managers offer both long-only and hedge fund strategies and by combining the teams we will achieve the greatest impact from our teams' joint experience."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…