Tuesday, 16 September 2014
Last updated 8 hours ago
Aug 11 2010 | 11:40am ET
Apollo Management has shut its metals hedge fund, which launched just last year.
The London-based Apollo Metals Trading Fund was seeded with US$40 million last March. But the fund was faced with a difficult commodity market, and fund manager Mark Thompson left the firm last month, Bloomberg News reports.
The Apollo fund invested in industrial and precious metals, as well as mining stocks.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?