Thursday, 21 August 2014
Last updated 10 hours ago
Jun 5 2008 | 2:00am ET
JPMorgan Chase last week gained quite a bit when its acquisition of Bear Stearns closed. But it continues to lose high-profile executives to the hedge fund world.
This time, it is David Persaud, the managing director who led its convertible bonds business, flying the coop. Persaud is joining London-based Ferox Capital Management, which has just launched a new US$100 million convertibles hedge fund.
“Persaud will work closely with the banks to identify new investment opportunities for the Ferox funds in both public and privately-offered convertibles,” Ferox CEO Jack Inglis said.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…