Thursday, 2 October 2014
Last updated 14 hours ago
Nov 18 2005 | 8:51pm ET
JPMorgan Chase has appointed Doug Wurth to the newly-created position chief executive of its alternative investments group, which has around $15 billion in assets under management.
Wurth's appointment to the position follows a decision by the bank split the job of the current group head in two in order to expand its leadership. Up until now, Andy Craighead, chief investment officer of alternative investments, has been running the group single-handedly. Craighead, who will remain in his position as cio, helped found the division in 1981.
Wurth will relocate to New York from his current base in London, where he was head of investment solutions for Europe, the Middle East and Africa. In his new role, he will oversee the alternative investment group's product development, pipeline projects, portfolio management and marketing.
Wurth and Craighead will both report to Bob McLain, head of the investment solutions group.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...