Tuesday, 23 September 2014
Last updated 10 hours ago
Jul 14 2010 | 12:42pm ET
Brevan Howard Asset Management, which has said it wishes to boost its equities trading capabilities, has added a former James Caird Asset Management trader.
Benjamin Boulliou joined Europe’s largest hedge fund manager last week, Financial News reports. He was named a junior equities trader at the London-based hedge fund.
Boulliou was part of a small exodus of traders from London-based James Caird earlier this year. In May, he and four others—head of high-yield Askin Aziz, treasurer Matthew Coleman, European credit chief Iftikhar Ali and credit trader Gopi Karunakaran—left the firm. Ali’s departure was apparently triggered by his unhappiness with James Caird’s compensation policy.
Ali joined Millennium Management, Coleman Warwick Capital Partners and Karunakaran Tricadia Capital.
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.