Tuesday, 23 September 2014
Last updated 3 hours ago
May 19 2010 | 10:13am ET
IMC Asset Management has hired a credit team from a Swiss private bank to launch a new long/short strategy.
The former Lombard Odier Darier Hentsch team is headed by Rodrigo Araya, who joins IMC as head of investment-grade credit strategies. The new IMC funds—a long/short credit offering and a long-only vehicle—will also feature Oscar Jansen as senior portfolio manager, Robert Manning as head of investment-grade credit analysis and Henk Wiersma as a senior analyst.
The funds are set to launch on June 1.
“The addition of this highly experienced and successful team will significantly expand the scope of asset management credit strategies delivered by IMC asset management to our institutional and high net worth individual client base,” Sander Nieuwland, CEO of the Amsterdam-based firm. “We are delighted to welcome such high quality individuals, with a very strong nine year track record, and a shared vision of excellence.”
Araya joined IMC last month. The rest of his team will come on board in time for the platform launch.
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.