Monday, 22 September 2014
Last updated 2 days ago
Jul 16 2010 | 5:58am ET
JPMorgan Chase has sold hedge fund risk solutions provider Measurisk to MSCI Inc.
Terms of the deal, which is set to close this month, were not disclosed. Measurisk, which is currently an affiliate of JPMorgan Worldwide Solutions Services, offers risk-transparency and risk-measurement products for hedge fund investors.
“The acquisition of Measurisk will bring together two leaders in the field of risk reporting and aggregation services for hedge fund investors—RiskMetrics HedgePlatform and Measurisk InterSight," said Henry Fernandez, MSCI CEO.
"Institutional investors, including pension funds, are demanding increasing levels of transparency from their hedge fund managers," he said. "This transaction will allow us to develop a common platform and to set the standard for analyzing and reporting hedge fund risk."
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.