MFS Financial Services has appointed Richard Keary, the well-known alternatives manager, to the new position of chief investment officer of its MFS Alternative Investments subsidiary.
Keary, the former head of alternatives at BT Financial, was a former currency manager and funds management marketer before establishing what has become the $1.5 billion hedge funds of funds business at BT. MFS, which started life as a Gold Coast property development company, has strategic stakes in several alternatives managers, including HFA, Vantage Asset Management and, most recently, Fortitude Capital. Richard Lourey, MFS Alternative Investments chief executive, said yesterday that Keary’s appointment was indicative of the firm’s commitment to grow its funds under management, product suite and interests in Australian hedge funds. Keary will be based in Sydney.
17 April 2007 00:00
keary, appointment, richard, commitment, firm’s, fortitude, stakes, vantage, chief, lourey, alternative, suite
Investments
As super funds work to understand their total portfolio exposure to the artificial intelligence thematic, a complex picture of hidden betas and “attachment points” is gradually emerging. They also need to figure out how to play the same thematic in the “tricky” China market.
Leave a Comment
You must be logged in to post a comment.