Wednesday, 30 July 2014
Last updated 1 hour ago
Sep 14 2011 | 12:02pm ET
For the second time in little more than a year, Iftikhar Ali is on the move.
The former Bank of America trader has joined credit hedge fund Observatory Capital Management. He will focus on emerging markets for the Brummer & Partners-backed firm's Credit Markets Fund, Financial News reports.
Before starting at London-based Observatory on Monday, Ali was a fixed-income portfolio manager at Millennium Capital Partners. He spent just over a year at that firm, having joined it in May of last year after leaving James Caird Asset Management. Like his tenure at Millennium, Ali's stay at James Caird was a short one—he left after just 10 months, reportedly over a compensation dispute.
Observatory manages more than US$900 million, including on behalf of Brummer, which added the firm to its platform early last year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…