Wednesday, 24 September 2014
Last updated 14 hours ago
Mar 5 2010 | 2:54am ET
Brevan Howard Asset Management is adding a Morgan Stanley mortgage trader.
Ahsim Khan will join the London-based firm, Europe’s largest hedge fund, next month, Bloomberg News reports. Brevan manages about $23 billion.
Khan is the fourth Morgan Stanley veteran to join Brevan in the last six months. The hedge fund added London proprietary trader Geoffroy Houlot in January, and prop. trading chief Fabrizio Gallo and head of equity structuring Richard Chau in September.
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.