Banc One Investment chief quits

Paul Rubens is joining hedge fund Blackhorse.

Paul Rubens, regional managing director at Banc One Investment Advisors, has quit to join a hedge fund, Blackhorse Asset Management. The Tokyo-based industry vet is now moving to Singapore to join Blackhorse's founders, John Engle and Jonathan Ross.

He says his departure is not related to Chicago-based Banc One's announced merger with JPMorgan Chase. We've been talking for over a year, Rubens says. I've known John Engle for 15 years. The merged company Banc One-JPMorgan will be a huge organization with lots of opportunities, but now I have the opportunity to be an owner and control the business. I'm also looking forward to being more involved in Asia ex-Japan.

Rubens...

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