John Costas is leaving his role as head of investment banking at UBS to run a new hedge fund division for the Swiss banking group. Mr Costas is to resign from the bank's executive board to run Dillon Reed Capital Management, a new part of UBS's asset management division.
New York - New York - Alternative Investment News, a publication of Institutional Investor News, is pleased to announce the winners of its third annual Hedge Fund Industry Awards. Taking top honors this year is Maverick Capital, which has been named Hedge Fund Leader of the Year. Maverick introduced several initiatives that were novel for the hedge fund industry including longevity sweetners for
New York - New York - Institutional Investors Alpha magazine is conducting its first survey of the hedge community to rank the best prime brokers, hedge fund administrators, law firms and accountants who serve hedge funds. The top three firms in various service categories will be honored at a gala awards dinner to be held on Thursday, September 29, 2005 at Capitale Restaurant in New York City.
June 30 (Bloomberg) -- UBS AG, the world's biggest asset manager, named investment banking chief John Costas to run a new hedge fund unit, seeking to avoid defections to the loosely- regulated funds that are luring some of Wall Street's top traders.
LONDON (MarketWatch) - UBS on Thursday said it's combining its two wealth management divisions and said the head of its investment banking unit, John Costas, will become head of a new hedge fund division.
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