Sunday, 28 December 2014
Last updated 4 days ago
Apr 10 2013 | 9:41am ET
BlueCrest Capital Management has nabbed an asset-backed securities trader from DW Investment Management.
Shaun Heelan will focus on ABS and commercial mortgage-backed securities at the London hedge fund, Bloomberg News reports. The portfolio manager will be based in New York and will oversee securitized-debt investments alongside John McNiff.
Heelan, like McNiff, is a Bank of America veteran.
BlueCrest, which has US$35 billion in assets under management, is trying to build an "investment-bank quality" trading team, and is focused especially on mortgage debt.
In addition to DW, which manages money exclusively for Brevan Howard Asset Management, and BofA, Heelan formerly worked at Merrill Lynch.
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.