Friday, 3 July 2015
Last updated 37 min ago
Oct 6 2011 | 10:29am ET
After just a year on the job, Robert Picard is out as Lyxor Asset Management's point man on managed accounts.
Picard joined Lyxor last year, signing a one-year contract as U.S. head of managed account development. According to HFMWeek, Picard may have hoped for a promotion to CEO of Lyxor's U.S. business, although it is unclear why he chose to leave the firm.
Picard, who worked at Navigant Consulting, Optima Fund Management and the Carlyle Group before joining Lyxor, is staying busy, serving as a consultant for several hedge funds. He is expected to find a full-time job with another firm within a few months.
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…