Thursday, 27 November 2014
Last updated 18 hours ago
May 5 2008 | 12:27pm ET
The first top executive from defunct UBS hedge fund Dillon Read Capital Management has resurfaced with his own hedge fund shop.
Mike Hutchins, who served as chief investment officer at Dillon Read, has founded a hedge fund called BlueHawk, Financial News reports. The new firm reportedly employs some 15 Dillon Read veterans.
UBS shuttered Dillon Read a year ago—just over a year after it set the group up in an effort to hold on to investment banking CEO John Costas—after it posted US$150 million in subprime-linked losses. Costas left UBS late last year.
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...