Monday, 30 March 2015
Last updated 9 hours ago
Jul 26 2007 | 11:39am ET
Man Group fund of funds affiliate RMF Investment Management said today that CEO Fred Siegrist has decided to retire, and will step down Sept. 30. Siegrist will be succeeded by Herbert Item, who will also continue as chief investment officer, a position he has held since 2005.
“Man Investments’ Management Committee thanks Fred for his outstanding contribution to the success of the company,” the firm said in a statement. “Under Fred Siegrist’s leadership assets under management at RMF grew from US$14 billion to about US$25 billion. Fred has established RMF’s reputation as a leading innovator in the industry and has laid the foundation for future growth through his strong succession planning.”
In addition, Serge Cadelli has been promoted to the dual role of chief operating officer and chief risk officer. Serge has been COO for almost two years and, beginning Oct. 1, assumes the responsibilities of Pierre-Yves Moix, who will move to Man Investments as chief risk officer.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…