Busier Market Helps JWH to Strong Month

The increased volatility and resumption of the long-awaited dollar downtrend helped CTA John W Henry in November. The long term trend-following firm has released flash estimates of its November performance for its foreign exchange programs which show all three programs having a strong month. The firm’s International Foreign Exchange Program rose 5.95% in November, a […]
Read More »

FX Concepts Launches New Fund

New York-based currency manager FX Concepts has launched a new fund, called the Concepts Multi-Strategy Institutional Fund – GBP Shares. The fund has been seeded by Bedfordshire County Council’s pension fund, and is designed for UK local authorities who look to currency as a source of uncorrelated alpha in their portfolios. The firm says the […]
Read More »

Hathersage Hires IT Head

Currency manager Hathersage Capital Management has hired a director of information technology. Rob Schmidt has joined with responsibility for the planning, design and implementation of the company’s information infrastructure. Hathersage says he will ensure the timely delivery of IT services throughout the organisation, from market data feeds at the trading desk, to management controls in the […]
Read More »

Former Goldman FX Chief Launches Hedge Fund

Peter Gerhard, the former global head of foreign exchange at Goldman Sachs, has launched his first hedge fund at his new company, East Avenue Capital Partners. Gerhard left Goldman in March, after spending 23 years at the bank, to start East Avenue with David Gurwitz and Charles Nenner, both of whom hold executive posts at […]
Read More »

MFA Chairman Aaron Elected to Second Term

Industry group, the Managed Funds Association (MFA), has appointed four new directors to its board and re-elected Robert Aaron, chief executive officer at DPM Mellon, as chairman. The appointments were made at MFA’s first meeting of the new term on November 1, in New York. The four new directors, elected by the group’s membership for […]
Read More »

Crownover New Currency Head at SSGA

State Street Global Advisors (SSGA), the investment management arm of State Street Corporation, has appointed Collin Crownover as global head of currency management.   Based in London, Crownover reports jointly to Rick Lacaille, European chief investment officer and Alistair Lowe, head of global asset allocation and currency at SSGA.   He has more than 10 […]
Read More »

Credit Suisse Hires Ieong in Asset Management

Credit Suisse has appointed James Ieong as director of distribution in China for asset management. In this newly created role, Ieong will lead the asset management distribution strategy for China as the bank seeks to expand its footprint in this growing market. He is responsible for strategic planning, sales distribution and client servicing for both […]
Read More »

AIMA Canada Announces New Committee

The Canadian chapter of AIMA (Alternative Investment Managers Association) has unveiled the membership of its executive committee for 2006-2008. Phil Schmitt of Summerwood Group is appointed chairman, with Integra Capital Management’s Tris Lett as deputy chair. Other appointments include Michael Burns, of McMillan Binch Mendelsohn as legal counsel, Andrew Doman of Man Alternative Investment as […]
Read More »

HG Trading Progresses with Algo Trading Platform

US hedge fund HG Trading has installed the Progress Apama Algorithmic Trading Platform from Progress Software for its traders to analyse, evaluate and respond to market events in real time. The boutique company has deployed the platform for equities trading with plans to extend its use into other asset classes, including futures and options. With […]
Read More »

BlackRock Completes Merger, Adds to Board

BlackRock has completed its merger with Merrill Lynch Investment Management, it said last week, and has added a further three directors to its board. Sir Deryck Maughan, managing director of Kohlberg Kravis Roberts and chairman of the firm’s Asia business joins the 17-person board of directors along with Robert Doll, BlackRock’s vice chairman and chief […]
Read More »
1 2 3 4 5 66 67 68 69 70

Profit & Loss is no longer publishing

Thank you for 21 great years of support