Saturday, 20 September 2014
Last updated 22 hours ago
Jul 6 2010 | 12:36pm ET
Japanese fund of hedge funds shop Rogers Investment Advisors has won a mandate that will nearly quadruple its advisory assets under management.
The Tokyo-based firm will get US$90 million from an unidentified Japanese foreign investment trust, instantly boosting its advisory assets to US$130 million. The allocation is set to be made on Aug. 1.
Rogers’ Wolver Hill Multi-Strategy Fund is up 3.2% this year, in line with most Japanese hedge funds.
The big mandate “is a sign of on-going alpha opportunities in the Japanese hedge fund space and a result of four years of hard work in building out our business,” firm founder Ed Rogers told Bloomberg News.
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.