Sunday, 21 September 2014
Last updated 1 day ago
Apr 19 2010 | 4:54am ET
Iftikhar Ali’s stay at hedge fund James Caird Asset Management will be a short one.
The former head of European and Asian credit arbitrage trading at Bank of America is leaving the London-based hedge fund after just nine months. Ali is currently negotiating his departure from the US$2.4 billion hedge fund, which was spun off from Moore Capital Management in 2008.
Ali is not the only James Caird employee discussing his exit, Financial News reports. At least one other, like Ali a credit trader, is believed to want out.
Ali joined James Caird in June as head of its European credit business.
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.