Ex-James Caird, Millennium Trader To Observatory

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.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of