Friday, 19 September 2014
Last updated 1 hour ago
Feb 24 2010 | 2:18am ET
A quartet of prominent hedge funds are looking east with plans to set up shop in Asia.
Maverick Capital, Moore Capital Management and Viking Global Investors are all planning to open offices in the region over the next few months, Reuters reports. Stark Investments, which last year lost its Hong Kong- and Singapore-based teams in a spin-off of its Asia business, is in the process of building a new team in the region.
Stark’s new Asia business will focus on liquid strategies, according to Reuters. Currently, some $1 billion of the firm’s Asian investments are being managed by Orchard Capital Partners, the new home of its old Asia team.
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.