ISAM’s Stanley Fink Goes to the Man Group Well to Grow Assets
|June 20th, 2012||
|Bucking recent trends in the hedge fund industry, International Standard Asset Management (ISAM), has doubled its size, boosted by large investments from pension funds. According to the Financial Times, ISAM, founded in 2007 by former Man Group CEO, Stanley Fink, has reached the $1 billion milestone, even though it posted negative returns in each of the last two years. |
On the heels of this development, it was learned that ISAM has hired former Man Group head of trading research, Darren Upton who also was integral in maintaining Man flagship fund AHL. ISAM, which follows a similar “black box” trading methodology as Man Group, spent its first three years struggling to attract investor assets, following some recent hires from Man Group, its inflows have accelerated significantly.
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