Campbell & Co. CEO Steps Down

Sep 15 2011 | 3:38am ET

Bruce Kovner isn't the only hedge fund honcho headed into retirement.

Yesterday, Baltimore-based Campbell & Co. announced that its CEO, Terri Becks, had stepped down as part of a planned transition. Stephen Roussin, president of the $3 billion quantitative firm, has succeeded her.

Roussin joined Campbell in June from UBS Wealth Management. At UBS, he was head of investment solutions.

Campbell has an impressive track record, enjoying average annualized returns of 14.5% since its inception in 1972. After a tough run from 2007 through 2009, the firm turned things around last year, returning 11%. It was up 2.7% this year through July.


In Depth

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Managing Diversification And Drawdowns In The “New Normal”

Mar 5 2015 | 2:42pm ET

In 2008-2009 diversification alone failed to provide adequate risk management for...

 

Editor's Note