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Move over John Taylor! Former Citi FX senior executive set to launch his own hedge fund
Former Citi Head of Global FX Anil Prasad set to launch his own hedge fund in early 2015 following the invocation of the Dodd-Frank Act’s Volcker Rule. Could this fill the void left by the demise of FX Concepts last year? Almost a year has gone by since the high profile demise of what was the largest FX hedge fund in the world at its peak. FX Concepts, founded over 30 years ago by John R Taylor, lost its final industrial mandate toward the end of 2013, with no interest from other industry leaders jumping in to take its place… until now. Today it has been announced that Anil Prasad, who previously held the ... (full story)