Fleming Family suffers loss of founding partners

In a double blow, UK multi-family office Fleming Family & Partners has lost the services of two of its partners in its former emerging markets hedge fund business.

Star manager Klaus Bockstaller, previously FFP manager of two emerging market long/short hedge funds, is set to run Pictet's European, Middle East, African and Latin American desks. He will also co-lead its global emerging markets equities portfolios. Prior to arriving at FFP Bockstaller worked for Baring Asset Management. In emerging markets, he will work alongside Nidhi Mahurkar.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions