Tuesday, 30 September 2014
Last updated 3 hours ago
Jun 27 2007 | 2:58pm ET
Cantor Fitzgerald has formed GoldRock Asset Management, which will begin trading operations early in July and will initially manage several global fund-of-hedge-funds portfolios.
The new entity was formed from the integration of fund of funds shop Zenith Asset Management into Cantor Fitzgerald. GoldRock will be led by Mark Ostroff, president, who will report to Irvin Goldman, CEO of Cantor Fitzgerald Asset Management.
Ostroff has held senior positions at Goldman Sachs, Morgan Stanley, and Weiss, Peck & Greer. He also co-founded Graystone Partners, the hedge fund advisory firm, WealthPlace, the alternative asset management firm, and Zenith Asset Management.
“We’re excited that a professional with Mark’s background, knowledge and commitment to excellence has joined Cantor to lead this effort,” said Goldman. “We expect the initial GoldRock fund-of-funds portfolios to be the first of many product offerings.”
Cantor Fitzgerald’s current product line includes institutional equity and fixed income sales and trading, investment banking, private equity, asset management and other businesses and ventures.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...