Tuesday, 23 September 2014
Last updated 12 hours ago
Jan 26 2007 | 3:39pm ET
Clearwater, Fla.-based Emory Capital Management’s Emory Partners LP fund ended 2006 up 10.83% with $100 million under management. The fund is a futures options arbitrage strategy based on the S&P 500.
“We’re seeking to find over-priced options and sell those at the same time buying under-priced options, and just that alone will make us about 10% if the market isn’t doing anything,” said Dustin Kicinski, Emory’s head trader. “We can do much better when there is volatility and the market is moving lower.”
The fund charges fees of 1/20 with a $250,000 minimum investment requirement. It is currently managing $100 million in assets. The firm was founded in 1993 by Darrell Malick.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.