The Chartered Alternative Investment Analyst (CAIA) Association held its annual Leadership Awards event on 8th November to honor and celebrate individuals and organizations that have demonstrated remarkable commitment in fostering the pursuit of education in the alternative investment industry.
GAM has appointed Owen Job as investment manager to work on its absolute return fixed income team, with particular focus on macro themes.
Job has spent over 12 years in investment management, mainly within the macro strategy space. He joined on 6 November 2017 from Soros Fund Management and is based in London.
State Street Corporation today announced that Jay Hooley will retire as CEO by the end of 2018 after more than 30 years with the company but will remain as chairman throughout 2019. State Street’s board of directors has appointed Ron O’Hanley, previously vice chairman of State Street and president and CEO of State Street Global Advisors, to president and chief operating officer. O’Hanley will succeed Hooley as CEO.
Since 2010 when Hooley became CEO, State Street’s total shareholder return is approximately 130 percent.
Beachhead Capital Management, LLC an investment advisory firm that specializes in liquid alternative investments, has announced that Dr. Pankaj Ghemawat, an expert on competition and strategy, has joined to oversee the firm’s Research Advisory Board, which focuses on structural changes within the asset management industry.
Lodbrok Capital, a specialised investment manager focused on the European credit market, has appointed Adam Sorab as Partner. This follows a period of growth and the launch of the Lodbrok European Credit Opportunities Fund in May 2017. Sorab joins from hedge fund CQS, where he spent the last 13 years and where he held various senior roles including Head of Investor Relations.
The Securities and Exchange Commission has charged a Westchester, New York-based investment adviser with fraud stemming from lies to retail investors about the value of their investments in a Ponzi-like scheme.
Tolomeo Capital AG, the Swiss based systematic asset manager, has appointed Sonja Frech to the newly created position of Director of Finance & Compliance. Frech held senior Finance and Controlling positions in several financial and industrial firms and worked for a large German energy company in mergers & acquisitions, investment controlling and extrajudicial debt enforcement proceedings before co-founding a large Swiss family office and serving as its CFO.
Aquila Capital has strengthened its quantitative investment proposition with the appointment of Fabian Dori as Quantitative Strategist and Portfolio Manager within its Systematic Trading Group. This team oversees Aquila Capital’s quantitative strategies investing in liquid financial markets.
KNEIP, the data management provider, has appointed Jean-Baptiste Douville de Franssu and Michael Jackson as new board members.
As former President of the European Fund and Asset Management Association (EFAMA) and previously Chief Executive Officer of Invesco Europe, Douville de Franssu brings a wealth of experience and expertise in the asset management field. Jackson is the former Chief Operations Officer of Skype and is a Non-Executive Director of AXA UK, with over 30 years’ experience in technology and telecoms.
A survey of senior professionals working in Malta’s financial services sector carried out by Managing Partners Group (MPG), the international asset management group, reveals that 81% of respondents expect the number of people employed by their companies to increase over the next five years – with 19% anticipating a dramatic rise.