Wednesday, 26 November 2014
Last updated 8 hours ago
May 30 2014 | 8:57am ET
Rocked by the departure of its number-two executive earlier this year, PIMCO has bolstered its equities team with a former hedge fund manager.
Jason Goldberg was named an executive vice president and portfolio manager at the asset management giant, which is led by Bill Gross. Goldberg will focus on stocks and will report to PIMCO volatility chief Josh Thimons.
Goldberg joins PIMCO from Och-Ziff Capital Management, where he built and managed an equity dispersion and volatility portfolio. Prior to that, he ran a hedge fund of his own, Onyx Capital Management, which Goldberg co-founded in 1998.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...