JPMorgan Names Head Of Alt. Investment Group

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.


In Depth

Fitch Says Alternative Asset Managers 'Stable' Despite Dry Powder

Nov 20 2014 | 9:30am ET

Ratings agency Fitch says the outlook for seven publicly traded alternative asset...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.