kurt-baker-departs-morgan-stanley

Kurt Baker departs Morgan Stanley

Kurt Baker, head of prime broking at Morgan Stanley and one of the region's most senior and long-standing prime broking executives, leaves the firm.
Morgan Stanley's head of prime broking for Asia, Kurt Baker, has left the company, having spent a long and distinguished career of over 15 years at the firm.

As one of the best known prime brokers in Asia, he led the build-up of Morgan Stanley's prime broking unit over many years and is widely respected in the industry for his insights into the alternatives and hedge fund world.

During Baker's tenure, Morgan Stanley was a prime broking market leader in Asia and his team won AsianInvestor's award for 'Best Prime Broker' in 2004, 2006, and 2007.

Following the market uncertainties after the collapse of rival prime broker Lehman Brothers, hedge funds became jittery about...
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