Saturday, 20 September 2014
Last updated 14 hours ago
Feb 5 2007 | 12:28pm ET
Morgan Stanley—the largest prime broker to Singaporean clients—is opening a prime brokerage office in the island city-state, it said today.
“With the growth evident in both Singapore-based start-up hedge funds, as well as with players entering the market from other countries, client proximity and on-the-ground support is clearly the right next step,” Kurt Baker, the firm’s head of Asian prime brokerage, said in a statement.
Morgan Stanley’s prime brokerage already has offices in Tokyo, Sydney and Hong Kong, the latter of which formerly handled Singapore-based business. The new office will feature four members focusing on client services.
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.