Tuesday, 23 September 2014
Last updated 12 hours ago
Mar 8 2010 | 4:07am ET
A familiar face is retaking the reins at fund of hedge funds shop Financial Risk Management.
Blaine Tomlinson will take over as CEO next month. The founder of FRM, Tomlinson served as CEO until 2007. He has been the $8.5 billion firm’s chairman since.
Tomlinson succeeds his successor as chief executive: Brian Robinson is retiring at the end of March. FRM has seen its asset base drop 38% since 2007, although that is not the reason Robinson is stepping down, according to Pensions & Investments.
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.