Wednesday, 7 October 2015
Last updated 21 hours ago
Feb 17 2006 | 12:00am ET
Investment advisory firm Ivory Asset Management and alternatives manager FrontPoint Partners ended their collaboration this week. The firms had been working together since mid-2003.
“Both firms have agreed to a separation plan that will result in a smooth transition of services from FrontPoint to Ivory and the uninterrupted management of several absolute return strategies by Ivory,” Ivory told FINalternatives.
Monica Everett, spokeswoman for FrontPoint, said, “FrontPoint’s primary goals are protection of investor capital and providing investor choice. This transition accomplishes both.” Both firms declined to elaborate further.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…