Friday, 28 November 2014
Last updated 1 hour ago
Mar 17 2011 | 12:09pm ET
Martin Phipps, the former head of Europe hedge fund sales at Gartmore Group, has a new job four months after he was laid off by the troubled firm.
Phipps will join hedge fund NewSmith Capital Partners in May, Financial News reports. The newly-minted partner will serve as the firm's first head of marketing.
Phipps was a victim of Gartmore's restructuring and layoffs in December, just weeks before the firm finally found a buyer in Henderson Global Investors.
NewSmith was set up in 2003 by a quintet of former Merrill Lynch executives. It launched its first hedge fund the following year and now has five long/short equity funds covering the U.K., Europe, Japan and emerging markets, as well as a global fund.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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