Wednesday, 1 October 2014
Last updated 4 hours ago
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...