Thursday, 18 September 2014
Last updated 4 hours ago
Sep 18 2014 | 1:33pm ET
Trian Fund Management wants one of the oldest companies in the U.S. to become multiple companies.
The activist hedge fund says that splitting DuPont Co. was the only way to remedy its “underperformance.” Instead, the firm was the 212-year-old company to split its high-growth business from its more cyclical businesses.
Sep 18 2014 | 1:30pm ET
Saba Capital Management suffered its seventh-straight monthly loss in August, leaving the hedge fund in danger of its third-straight losing year.
Sep 18 2014 | 1:29pm ET
The Middle East may seem a black hole to most people, but to Everest Capital, it’s a cash machine.
Sep 18 2014 | 1:28pm ET
Hedge funds made it three positive months in four in August, bouncing back from a July loss with a 1.28% gain.
Sep 18 2014 | 1:28pm ET
The top U.S diplomat in Argentina has said the country is in default, sparking an international incident.
Sep 18 2014 | 10:07am ET
The median hedge fund gained 0.96% in August with almost all strategies posting positive returns for the month, according to new research from Deutsche Bank Global Prime Finance.
Sep 18 2014 | 9:53am ET
Stamford, Conn.-based Sorin Capital Management has hired SAC Capital vet Chris Rae as managing director and head of business development.More News
Sep 18 2014 | 11:18am ET
Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed company investing in the $4.9 billion Brevan Howard Credit Catalysts Master Fund. Valeur has 30 years' experience in the financial services industry, ranging from floor-trading on the Danish Stock exchange to investment banking in London to running her own alternative investment funds start-up consultancy. Valeur recently spoke with FINalternatives' Mary Campbell about the BHCC.
Sep 16 2014 | 11:28am ET
New regulations have dramatically curtailed proprietary trading activity in investment banks. While this may have made the business of investment banking somewhat duller, it has created many exciting opportunities for hedge funds, as well as new risks for financial markets. PAAMCO’s Sam Diedrich explains.
Sep 15 2014 | 8:40am ET
It's that time of year again—when hedgies trade in their spreadsheets for guitars and rock out for a good cause.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.