Wednesday, 29 July 2015
Last updated 16 hours 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…