Tuesday, 24 May 2016
Last updated 4 min ago
May 1 2007 | 1:22pm ET
Tokyo-based Nikko Asset Management has nabbed former Morgan Stanley managing director Thomas Juterbock and his hedge fund team to boost its own alternative assets group.
Juterbock and six members of his Fairstream Capital joined New York-based Nikko Alternative Asset Management at the end of March, and will continue to use Fairstream’s global macro investment processes at Nikko AM. Juterbock, who was named a senior portfolio manager and member of the firm’s global investment committee, will report to global head of fixed-income Masayuki Ishihara.
Juterbock founded Fairstream last year. He served a managing director at Morgan Stanley from 1990 to 2005.