Tuesday, 23 September 2014
Last updated 1 hour ago
Feb 1 2007 | 12:58pm ET
GFI Group, an inter-dealer broker specializing in over-the-counter derivatives products and related securities, is offering equity research with a twist to U.S.-based hedge funds, mutual funds and other institutional money managers.
The group’s research examines the relationship between equity and credit markets and combines real-time credit default swap information with fundamental and technical analysis to provide recommendations on specific securities.
"The feedback has been extremely positive, exceeding our expectations, and we are already sending information daily to more than 100 portfolio managers," said Gary Kelly, GFI’s head of research. “CDS is a vital indicator of equity price movement because fluctuating CDS spreads provide a dynamic and real-time view of underlying company risk.”
Credit derivatives are the fastest growing derivative market and credit default swaps have a total of $26 trillion in outstanding contracts, according to the International Swaps and Derivatives Association.
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.