Friday, 26 December 2014
Last updated 1 day ago
Jul 5 2012 | 10:32am ET
Michael Burton, the head of research at FRM Holdings, will leave the fund of hedge funds next month to join Marble Bar Asset Management.
Burton will serve as CEO of London-based Marble Bar, charged with rebuilding the firm's business, Financial News reports. Marble Bar has seen its assets dwindle from US$5.8 billion to less than US$1 billion over the last four years after it elected not to restrict redemptions during the financial crisis.
Burton will leave FRM on Aug. 1 after a decade at the firm. He's the first high-profile departure from the firm since its acquisition in May by the Man Group.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.