Monday, 30 November 2015
Last updated 2 hours ago
Jun 3 2014 | 2:31am ET
UBS has turned to a former hedge fund manager to lead its wealth management business.
Mark Haefele was named global chief investment officer of wealth management and private banking yesterday. He succeeds his current boss, Alexander Friedman.
Haefele will be charged with identifying investment vehicles and overseeing asset management.
Haefele joined UBS three years ago alongside Friedman, whom he has known since college. Prior to his start at the Swiss bank, Haefele co-founded quantitative sports-betting hedge fund Sonic Funds and was a managing director at Matrix Capital Management.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…