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JPMorgan fund makes a killing

When shares of mining companies including Freeport-McMoRan to Glencore were collapsing last year, a small fund run by JPMorgan chose to hold on. Now, it’s reaping the rewards of a metals rebound that’s turning bears into bulls.

BNP Paribas plans to expand M&A team in London

BNP Paribas plans to add two senior people to its 15-strong London team covering British M&A and take on an equity capital markets banker too, part of a plan to boost its investment banking market share outside France, banking executives told Reuters.

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CLSA appoint Andrew Low as head of investment banking

CLSA Limited has announced the appointment of Andrew Low as Head of International Investment Banking. To be based in Hong Kong, Low will report to CLSA Chairman & CEO and CITIC Securities International Co-CEO Jonathan Slone and will join CLSA’s Executive Committee.

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People News: Carlyle, Citigroup

Carlyle Group’s top credit and hedge-fund executive, Mitch Petrick, will leave the alternative-asset manager after several funds in his unit posted losses even as assets expanded.

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