Sunday, 21 December 2014
Last updated 1 day ago
Apr 21 2014 | 3:29pm ET
Three top money managers have left struggling hedge fund Sasco Energy Partners.
Joe Howley, who joined the Connecticut-based fund a year ago as chief investment officer, stepped down earlier this month. Also leaving were natural-gas portfolio managers Garth Camp and Brian Lisoski, Reuters reports.
The exits this month followed those last year of founding member Todd Esse and three others.
Sasco lost 20% last year and has seen its assets fall by more than half to US$300 million from its high of US$620 million.
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.