Morgan Stanley Hires Ex-Prime Brokerage CTO For Admin. Unit

May 18 2011 | 10:31am ET

Morgan Stanley has brought back 20-year firm veteran Mark Rice to help lead its hedge fund services effort.

Rice was named chief operating officer of hedge fund services. Bloomberg News reports; Morgan Stanley has more than $120 billion in assets under administration, and the division employs more than 400.

Before leaving the firm in 2004, Rice worked at Morgan Stanley for 2 decades, rising to become chief technology officer of its prime brokerage business. He founded his own research-management systems company, Tamale Software, after his departure; that firm was acquired by Advent Software in 2008.


In Depth

Firm Focus: Sustainable Insight Capital Bullish On ESG

Aug 12 2014 | 9:18am ET

Bruce Kahn spent over 15 years as a research scientist/consultant on environmental...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

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

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note