Wednesday, 26 November 2014
Last updated 1 hour ago
Jul 28 2008 | 11:39am ET
Marshall Wace has added a senior Morgan Stanley executive to launch a new financials hedge fund.
The US$15 billion London hedge fund shop has lured Amit Rajpal, Morgan Stanley’s head of Asia proprietary trading, with the promise of his own hedge fund seeded with US$200 million in firm capital, the Financial Times reports. Rajpal, who is and will remain based in Hong Kong, is a former banking analyst at the Wall Street giant.
“We see very big opportunities in financials,” Paul Marshall, co-founder, said. “I can’t tell you whether it is in three weeks, three months or a year, but it is not going to be in three years.”
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...