As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 7 min ago
Oct 9 2009 | 2:04am ET
A veteran of Harvard University’s endowment has joined UBP Asset Management, where he will serve as the fund of hedge funds shop’s first chief risk officer of alternative investment.
Daniel Kelly has been tapped to oversee all aspects of UBPAM’s global risk-management platform, as well as investment-risk management responsibilities, which have been split from the firm’s portfolio management team. Kelly spent the last 17 years at Harvard Management Co., where he was chief risk officer for the past four years.
“Apart from his broad knowledge in alternative and traditional asset classes, Daniel has the unique experience of having conducted both in-house risk management and external manager-risk evaluation throughout his career. UBP will draw on his well-rounded, multidimensional insights in shaping our risk management platform," Matthew Stadtmauer, CEO of UBPAM, a division of Union Bancaire Privée, said. “Daniel's hire demonstrates our devotion to the rigorous and disciplined management of risk, continually refined in order to benefit our clients' portfolios.”