Jim Simons, the « Michael Jordan » of finance retires
Jim Simons has officially announced his retirement, leaving the reins of "Medallion Fund" - without doubt one of the greatest performing management funds in history - in the hands of his two co-successors, Peter Brown and Robert (...)
RBC Global AM Inc. Awarded Natural Resources Mandate for China’s National Social Security Fund
RBC Global Asset Management Inc. today announced that it has been selected to manage a global natural resources mandate by China’s National Council for Social Security Fund (NCSSF).
Pictet Asset Management, the asset management arm of the Swiss private bank Pictet & Cie, today announced the launch of Pictet-EUR Short Term High Yield fund, a Luxembourg-domiciled UCITS compliant fund, investing in EUR high yield short-dated (...)
Union Bancaire Privée to acquire Nexar Capital Group
Union Bancaire Privée, UBP SA (“UBP”), one of Switzerland’s leading and best-capitalised private banks and a leader in the hedge fund industry, announced today that it has signed a definitive agreement to acquire Nexar Capital Group (“Nexar”), a global alternative investment (...)
SSGA Names Michael Ho as new CIO for Emerging Market Equities and Global Macro
State Street Global Advisors (SSgA), the investment management business of State Street Corporation appointed Michael Ho to chief investment officer for its Active Emerging Markets Equities and Global Macro capabilities.