Thursday, 21 August 2014
Last updated 1 hour ago
Mar 18 2011 | 12:18pm ET
John Morgan, head of alternative investment research at Union Bancaire Priveé, is taking a break.
Morgan, who joined the Swiss bank less than two years ago, resigned to take a break from the industry, Financial News reports. He formerly worked as head of hedge funds at Barclays Global Investors.
Morgan's exit is just the latest to hit UBP since it was revealed to be among the biggest losers in the Bernard Madoff Ponzi scheme. The bank, once one of the largest fund of hedge funds firms with more than US$42 billion in assets, now manages just US$14 billion. Last year, UBP saw the departures of head of alternatives Jan Frog, head of hedge fund advisory Roger Bacon, head of U.K. institutional business Phelim Bolger, U.S. asset management CEO Matthew Stadtmauer and Chief Investment Officer Sara Sprung.
UBP said that David Biase would take over for Morgan, while remaining head of asset allocation.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note