Tuesday, 1 December 2015
Last updated 1 hour ago
Apr 8 2013 | 10:20am ET
Alternative investment specialist Direxion has named Eric Falkeis president and COO of Rafferty Asset Management, the advisor to Direxion Funds and Direxion Shares.
Falkeis comes to Direxion from US Bancorp Fund Services, where he was CFO and director of exchange-traded fund operations. In this capacity he worked closely with Direxion for more than a decade.
In his new post, Falkeis will report to Dan O’Neill, Rafferty CEO. As Rafferty’s first COO, Falkeis will work alongside O’Neill to oversee day-to-day business operations and lead strategic planning and business development efforts.
“Working closely with Direxion for 14 years gives me unique insights to help identify ways we can maximize the profitability and efficiencies of Direxion’s ETFs and mutual funds, while pursuing additional avenues for growth,” said Falkeis in a statement. “Direxion remains committed to maintaining and expanding its array of alternative investment strategies in order to help short- and long-term investors pursue healthy returns in both bear and bull markets.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…