Monday, 1 September 2014
Last updated 2 days ago
Oct 26 2011 | 8:13am ET
Bank of America Merrill Lynch has snagged a JPMorgan Chase prime brokerage executive to head its own foreign exchange effort for hedge funds.
Peter Klein was named global head of foreign exchange prime brokerage, the same post he held at JPMorgan. He will succeed Tony Dalton at the end of the month as Dalton takes on a senior sales role in the forex prime brokerage group.
"Peter possesses significant expertise and experience in FX sales and trading and has worked across client types as well as in electronic trading," prime brokerage chief Stuart Hendel and global short rates trading head Denis Manelski said in an internal memo. "Working closely with global FX sales and trading, Peter will be responsible for further developing our FX prime brokerage business globally and ensuring that the firm is well-placed to support our goal of becoming a leading provider of FX services, including in prime brokerage and clearing."
Prior to joining JPMorgan, Klein served as chief operation officer of a European hedge fund.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...