Iveagh loses chief investment officer
Cambiz Alikhani has left Iveagh, the London-based family office and asset manager where he was chief investment officer and investment management partner.
It was not known where he will resurface, but it is believed to be in the financial services industry.
Iveagh, which runs about £300m in publicly listed funds plus an undisclosed sum of the Guinness brewing family’s combined wealth, declined to comment.
The family office is believed not to be seeking a replacement for Alikhani immediately, as the Guinness family recovers from the death last month of its matriarch Miranda Iveagh, onetime spouse to the 3rd Earl of Iveagh.
Alikhani joined Iveagh to develop its fixed income activities in September 2002, having been executive director in fixed income sales at Morgan Stanley for a decade.
Before that he managed fixed income products at Daiwa International Capital Management, worked on the Middle East desk in fixed income sales at Swiss Bank Corporation, and traded fixed income at EBC Amro Bank.
At Iveagh he also wrote a straight-talking blog, tackling topics from how Europe’s policy markers dealt with troubling debt levels (“A lesson on how not to handle a crisis”), to a vituperative criticism of Financial Times columnist Martin Wolf (“Bernanke polarizes opinions”).
His first blog, marking the second anniversary of Lehman Brothers’ collapse, set him apart from many of his peers as he argued the bank should “unequivocally” have been allowed to fail.
“That on its own will act as the greatest instrument of fear that will hopefully dissuade future bank executives from allowing their balance sheets to get into such a precarious situation in the first place,” he wrote.