Thursday, 25 December 2014
Last updated 1 day 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.
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.