Tuesday, 23 September 2014
Last updated 1 hour ago
Oct 27 2011 | 6:40am ET
Lombard Odier Investment Managers has named a Bank of America Merrill Lynch veteran to manage the healthcare strategy for its flagship hedge fund.
Bruce Turner, an assistant professor of medicine at both the Thomas Jefferson University and University of Pennsylvania School of Medicine in Philadelphia, takes over from portfolio manager Jim Patricelli. He will be based in New York, working on the 1798 Fundamental Strategies and Global Equity Long/Short funds.
"Healthcare is an important sector within our multi-strategy fund and we are delighted to have Bruce's scientific as well as financial background on board," Aziz Nahas, chief investment officer, told HedgeWeek. "This is a sector in which experience of managing money married with scientific insight are immensely helpful."
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.