Monday, 22 September 2014
Last updated 4 hours ago
Jul 22 2010 | 12:05pm ET
PIMCO has hired two hedge fund traders as it continues to beef up its nascent equities business.
Rebecca Babin has joined the Newport Beach, Calif.-based money manager, best known for its bond funds, as an equity trader, while Mark Cooper has been named an equity analyst. Both serve as senior vice presidents and work out of the New York office.
Babin joined PIMCO from Brigade Capital Management, where she was a trader for the high-yield and capital structure arbitrage hedge fund, focusing on stocks, options, convertibles and macro hedging products. Cooper most recently was a partner at Omega Advisors, working as a portfolio manager and analyst. He also formerly worked at Pequot Capital Management.
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.