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MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed income markets, has appointed Scott Eaton as Chief Operating Officer for MarketAxess Europe Limited and Trax.
In this role, Eaton will oversee business operations for Europe, reporting to Rick McVey, Chief Executive Officer of MarketAxess. Eaton's focus will be on further growing the European business, by working with the MarketAxess and Trax teams to continue delivering innovative trading, data and post-trade solutions that help clients meet the challenges of the evolving regulatory landscape.
Eaton was
Wilshire Consulting, the institutional investment advisory and outsourced-CIO business unit of Wilshire Associates Incorporated, has named Steven J Foresti as its chief investment officer (CIO).
Foresti, a managing director, will continue as head of Wilshire Consulting’s Investment Research Group, which oversees strategic investment research and the development of asset class assumptions for use in Wilshire Consulting’s asset allocation modelilng. Appointing him as CIO helps reinforce Foresti’s role in harnessing Wilshire’s investment and manager research into actionable recommendations for Consulting non-discretionary and OCIO clients.
“In this important role as Chief Investment Officer, Steve will continue to lead our investment research efforts
State Street Corporation has appointed Effie Datson as global head of product for its Alternative Investment Solutions division. Datson’s initial focus will be on expanding the global footprint of InfraHedge, State Street’s USD15 billion managed account platform.
In this newly created role, Datson will be based in London and will report to George Sullivan, global head of Alternative Investment Solutions at State Street. Working together with Bruce Keith, global head of InfraHedge, her immediate focus will be to take responsibility for further developing the InfraHedge offering and introducing its bespoke, infrastructure-only managed accounts solution to large institutional investors globally. Datson
iPass Inc has reached an agreement with Maguire Asset Management, Francis Capital Management, Foxhill Opportunity Fund. and their respective affiliates and nominees, over the composition of the iPass Board of Directors.
iPass will appoint Damien Park, Richard Karp and Brent Morrison as new independent members of the Board, and Kenneth Traub will serve as an advisor and observer to the Board, all effective immediately. Park will also become chairman of the Board following the iPass 2015 annual meeting of stockholders, scheduled for 30 June, 2015. Park, Karp and Morrison join incumbent Board members John D Beletic, chairman of the Board,
Fred Alger Management, Inc., a leading asset management firm, announced today that
Ankur Crawford, PhD, is joining Patrick Kelly, CFA as Portfolio Manager on Alger SICAV – The Alger American Asset Growth Fund. Additionally, Kelly has been named Head of Alger Capital Appreciation and Spectra Strategies.
Alger SICAV – The Alger American Asset Growth Fund celebrated 10 years of strong performance under Patrick's stewardship last year. Patrick has served as Portfolio Manager for the Fund since 2004, and has nearly 20 years of investment experience. Additionally, the Fund has received numerous Lipper Fund Awards over the years, including six Lipper
Steben & Company has appointed Peter Weinberg as Head of Investor Relations & Marketing.
"The success we have had with our funds creates the need for an increased focus on competitively marketing our products. Peter is ideally suited to help us better position and communicate the merits of our alternative investment products to the marketplace as we continue to build on our distribution efforts," says Ken Steben, CEO and President of Steben & Company.
Weinberg joins from SkyBridge Capital, a USD13 billion fund of hedge funds business, where he spent four years as the Head of Investor Relations. He has
RAM Active Investments has appointed Nexus Investment Advisors Limited as manager of the RAM Asia Bond Total Return Fund – previously known as Samena (Lux) Global Funds – Credit Opportunities Fund.
This decision is the logical consequence following the departure of the fund's management team, Richard Yang and Carl Wong, from Samena Capital to join Nexus. Nexus is an excellent platform for the investment team to continue managing the fund. In order to place emphasis on the fund’s investment style, RAM has decided to rename the fund “RAM Asia Bond Total Return”.
“After three years of successful collaboration with Richard
The JonesTrading Group of Companies has named industry veteran and institutional equity execution specialist Jeffrey Gamble as Vice President of JonesTrading Canada’s Toronto office.
Over the course of the last several years JonesTrading, a leading block trading firm in US and international securities for institutions, has grown its asset classes available for trading and market intelligence globally. The firm resourced these initiatives with industry veterans. All of the initiatives have retained and expanded JonesTrading’s relationship based model, which has proved resilient even as market structure and new competitive entrants have entered the execution space.
Gamble has broad and deep
Sussex Partners has been appointed by MCP Asset Company Limited (MCP) to provide access for the Oasis Value Long Fund and the Oasis Value Alpha Fund to its institutional clients in Switzerland, parts of Europe and the United States.
The Funds run on MCP’s hedge fund platform and are advised by Norinchukin Value Investments Co., Ltd. (NVIC), whose parent company, The Norinchukin Bank, with USD828.1 billion in assets as of 30 September 2014 is one of the largest institutional investors in the world.
NVIC pursues a high conviction, concentrated and long-term fundamental approach to liquid equity investing in
Doug Ostrover will step down as a Senior Managing Director of Blackstone and will become a Senior Adviser to the firm.
Ostrover was, along with Bennett Goodman and Tripp Smith, one of the founders of GSO, Blackstone’s alternative credit platform. Blackstone acquired GSO in 2008 and it now has assets under management of USD75 billion. Ostrover intends to found a family office to invest capital and work alongside management teams.
Bennett Goodman and Tripp Smith, the co-heads of GSO, says: “Doug has been our great friend and colleague for the last 25 years. The success of GSO as the leading
