As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 49 min ago
Apr 11 2012 | 10:25am ET
HedgeCo Networks has hired a Wall Street veteran to serve as its president.
Brett Langbert joins from UBS, where he led prime brokerage sales for the Americas. He said that his new firm's "unique approach to helping start-ups and emerging manager funds represent a significant business opportunity and I am excited by the opportunity to leverage my experience in this entrepreneurial environment."
"Brett is joining HedgeCo as the next exciting phase in the hedge fund industry is unfolding," CEO Evan Rapoport added. "The ability of hedge funds to deliver non-correlated returns continues to attract new investors who want to diversify their portfolios."
Langbert has made stops at Morgan Stanley and Goldman Sachs, in addition to his tenure at UBS.