Highbridge's Islam Returns To Third Point

May 19 2011 | 1:39pm ET

Third Point has welcomed back a former star fund manager who left the $7.2 billion firm three years ago.

Munib Islam has been named head of equities research at the New York-based firm, which recently closed to all new investments. Islam left Third Point amidst the financial crisis in 2008 to join Highbridge Capital Management.

But Islam, who served as head of European equities at the JPMorgan Chase hedge fund unit, left in March, one of several high-profile departures. At Highbridge, Islam managed about US$100 million.

In his new post, Islam is among the most senior employees of Third Point, which is led by Daniel Loeb, the Financial Times reports.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.