Crypto asset manager Hilbert Capital names Cevian's Murray as CEO
— Dropped 71, Hilbert said, Thomson reuters trust principles, Bruce terry, Editing, Fringe, Carolyn cohn, Focus, Battering, Year — 1 min read
Richard Murray was previously director of investor relations at activist investor Cevian. He has also worked at hedge funds Finisterre and Brevan Howard Asset Management. Murray will bring with him a team of senior business developers to focus on attracting institutional clients in North America, Europe, Asia and the Middle East. He said institutional investors were looking for crypto investment strategies that reduced the risk of large market swings. Bitcoin lost around 57% in the first half of the year, while ether has dropped 71%. Bruce Terry, former U.S. CEO at BrevanHoward Asset Management, is joining Hilbert's advisory board, Murray said.Hilbert Capital, the asset management arm of hedge fund Hilbert Group, had $20 million in cryptocurrency assets under management at Source