RMF, Horizon21 Founder Frey To Quit UBS Board

Apr 1 2014 | 10:34am ET

The former Man Group executive Rainer-Marc Frey will leave UBS’ board next month, the bank said.

Frey has served as a director at UBS since 2008, joining after the bank accepted a bailout from the Swiss government. He will not run for re-election at UBS’ May 7 annual meeting, citing other commitments.

Frey, who founded fund of hedge funds RMF Investment Management before selling it to Man and spending three years with that company, runs alternative investments firm Horizon21. And he now co-owns British conglomerate Lonrho, which he and Swiss billionaire Thomas Schmidheiny took private last year.

UBS did not say whether Frey’s seat would be filled; under the bank’s statutes, it does not have to be.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of