Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.
Saturday, 3 December 2016
Last updated 22 hours ago
Jan 15 2013 | 11:52am ET
E Fund Management has closed its two year-and-a-half-old emerging markets funds.
The E Fund Global Emerging Markets Fund disappointed both in terms of performance and capital-raising. It lost 2.8% in its first 12 months, and managed less than US$6 million at the end of last year, Asian Investor reports.
E Fund, the second-largest asset manager in China, also shut a long-only emerging markets fund at the same time. The firm had hoped to raise US$500 million for the two funds.
Both funds were managed by E Fund’s Hong Kong unit.