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Phil Albinus
Phil Albinus
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Top Quotes of the Week

It wasn't all bad luck for the capital markets this week: Hedge funds had a decent first quarter despite a slowdown in jobs numbers, BlackRock might be heading into new territory as hedge fund managers take a hard look at their counterparties, and the head of the IMF didn't pull any punches when assessing today's global economy. At least we can admire the nice weather and some of the best quotes of the week.
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2. Broken Broker Trust

There's always been knowledge that some of the broker-dealers don’t have the investor's best interest at heart. I’ve had some individuals in my office say that they take advantage of client flow for proprietary trading.

— Arun Kaul, managing principal and chief investment officer, Olympian Capital Management

Source: Advanced Trading. Stay tuned for the May 2012 digital edition of Advanced Trading.

 

Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio

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