FRM Research Chief To Lead Marble Bar

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.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of