Saturday, 27 December 2014
Last updated 3 days ago
Jan 15 2013 | 10:34am ET
A top lieutenant to former Moore Capital Management trader Greg Coffey has now left the hedge fund herself.
Soraya Chabarek left Moore, where she was made a partner last year, last week, The Independent reports. Chabarek had joined Moore alongside Coffey, formerly GLG Partners' star trader who bolted to Moore in 2008. Coffey retired in October.
Sources told the Independent that Chabarek's exit was "inevitable" after Coffey left and that other members of his former emerging markets team could follow. A dozen people followed him from GLG to Moore.
Coffey's fund was liquidated after his exit; it had posted disappointing returns during his time at Moore.
Chabarek's plans are not clear; she focuses on marketing and relationship management, especially in the Middle East. Her departure is the first major exit at Moore since Coffey's.
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.