Friday, 19 September 2014
Last updated 11 hours ago
Apr 9 2010 | 9:18am ET
Though the avalanche of hedge funds fleeing to Switzerland has been more like a trickle, the Confederation can add another firm to its (slowly) growing roster.
Griffin Capital Management has opened an office in Zurich, HFM Week reports. While the firm is not based in London, it has six employees in the city, and the new office will give U.K. employees a chance to avoid the new 50% top tax rate that came into force this month, Griffin’s Kaspar Eriksen said.
The Zurich office opened in the middle of last month, and Eriksen told HFM Week that he is looking for an office manager. Griffin is based in Gibraltar, where it has 24 employees.
Initially, the new office will only serve a marketing purpose.
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.