Friday, 28 November 2014
Last updated 1 hour 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.
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...