Tuesday, 23 September 2014
Last updated 6 hours ago
Apr 9 2010 | 1:18am ET
Martin Currie’s China hedge fund has topped US$200 million in assets under management—quite enough, as far as the firm is concerned.
The hedge fund has been closed to new investments at US$203 million, Investment Week reports. The seven-year-old fund has enjoyed annualized returns of 16.2% since inception.
“For active equity managers, capacity matters,” Alastair Barrie, global head of hedge fund sales, told IM.
“We believe it is important to recognize capacity constraints and close funds where appropriate to ensure we continue to perform and protect the interests of our clients.”
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.