Saturday, 20 December 2014
Last updated 23 hours ago
Apr 22 2013 | 2:15pm ET
A top UBS credit trader is set to launch a hedge fund this summer.
Yassir Benjelloun-Touimi's Arcarde Capital Partners will offer its maiden fund in early July, Reuters reports. The vehicle is expected to debut with about US$150 million in initial assets.
Arcade will focus on the most liquid credits.
Benjelloun-Touimi was head of European credit flow trading at UBS; his former employer will serve as Arcade's prime broker. A former global head of portfolio management at UBS, Benjelloun-Touimi was head of credit arbitrage at Bank of America Merrill Lynch before joining the Swiss bank in 2009. He also formerly served as head of index trading at BNP Paribas.
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.