Latest News

Story

JMP Group makes management changes

JMP Group makes management changes

JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, has announced management changes, including the resignation of Carter Mack from his position as president of the company and the promotion of Mark Lehmann to the role of chief executive officer of JMP Securities, the company’s primary operating subsidiary. 

OUTLOOK

Outlook “bright” for hedge funds as industry seizes on surging volatility, JP Morgan Asset Management officials say

Outlook “bright” for hedge funds as industry seizes on surging volatility, JP Morgan Asset Management officials say

The immediate outlook for hedge funds is “very bright”, with elevated volatility at an “optimal” level for macro and relative value strategies in particular, JP Morgan Asset Management’s alternatives team said this week.