Sunday, 21 September 2014
Last updated 2 days ago
Jun 25 2010 | 9:07am ET
Millennium Management has snared Investec Asset Management’s co-head of credit just a year after he joined the South African firm.
Jeffrey Burch is returning to the hedge fund world to work at Millennium’s London office under another of the hedge fund’s recent hiring coups—and another Bank of America veteran—Iftikhar Ali, Financial News reports. Ali joined Millennium Capital Partners last month from James Caird Asset Management, where he was reportedly unhappy with his compensation.
Burch worked at hedge fund BlueMountain Capital Management before joining Investec last year. At BofA, he worked at the proprietary credit trading group.
Burch starts at Millennium in the middle of next month.
At Investec, Burch will be replaced by Theodore Stamos.
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.