Tuesday, 23 September 2014
Last updated 7 hours ago
Mar 25 2010 | 12:16pm ET
Bahrain’s sovereign wealth fund may make its maiden investment in hedge funds next year.
“Yes, we are looking at potentially investing in hedge funds in the future,” Hani Redha, investment manager at the US$14 billion Bahrain Mumtalakat Holding Co., told HFMWeek. “It won’t happen this year, but the following year is a possibility.”
Redha said the sovereign fund was seeking to diversify its potfolio. He added that a hedge fund investment would be its first foray into alternative investments of any kind.
BMH has not decided how much to allocate to the asset class.
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.