Tuesday, 23 September 2014
Last updated 5 hours ago
Feb 19 2010 | 9:18am ET
HSBC Private Bank’s hedge fund division is strengthening its real estate group as it embarks on an effort to buy up properties in the Northeast’s biggest cities.
Chris Allen, head of HSBC Alternatives, has been named CEO of the group, which manages $31 billion in hedge fund assets. HAIL has also added Paul Forshaw as head of real estate fund management.
In his new post, Forshaw has been charged with creating and implementing a real-estate strategy for HAIL.
Forshaw joins HSBC from Kaupthing Investment Bank, where he was part of a real estate proprietary trading team.
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.