Monday, 22 September 2014
Last updated 2 hours ago
Feb 10 2006 | 10:21pm ET
Boston-based State Street Global Advisors is reportedly aiming to expand its hedge fund business and may quadruple its staff, which currently stands at 10. According to media reports, the new hires would be based in the firm's London offices.
SSgA's hedge fund business currently has $3 billion in assets under management. Chris Woods, who heads SSgA's London team, told Financial News he is looking at hiring both individual hedge fund managers, management teams and proprietary traders. Calls to SSgA were not returned by press time.
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.