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

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...