Wednesday, 1 April 2015
Last updated 10 hours ago
Oct 18 2007 | 12:33pm ET
Emerging markets hedge fund firm GEM Global Equities Management has expanded its operations in London and hired Steve Wallace as business development and client relationship manager for the new office.
Prior to joining the GEM, Wallace served as a client relationship manager at ING in London, where he maintained senior level client relationships. GEM’s expansion comes as its assets under management have more than doubled in the last 12 months to reach US$750 million, according to the firm.
Anthony Inder Reiden, chairman of GEM Global, said: “We have seen flows into our funds more than double in the last 12 months and we believe that this is evidence that an increasing number of investors are recognizing our depth of experience in identifying deep value situations within emerging markets.”
GEM Global was established in 1993.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…