UBS Credit-Trading Chief To Launch Hedge Fund

Aug 21 2012 | 1:15pm ET

A top UBS banker is leaving the bank after just a year to launch a hedge fund.

Eric Rosen will start a credit hedge fund, Bloomberg News reports. His exit from UBS comes as the bank begins to reduce its fixed-income trading.

Rosen, who will leave UBS next month, is co-head of fixed-income, currencies and commodities. His co-head, Matthew Zola, will take sole control of the division following Rosen's exit.

Rosen joined UBS after more than a decade at JPMorgan Chase, where he worked from 1997 through 2010 and rose to head of North American credit trading.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…