Monday, 22 September 2014
Last updated 6 hours ago
Aug 19 2010 | 2:51pm ET
BAM Capital’s Opportunity Fund found precious little in July.
The fund’s C-class shares plummeted 6.6% last month and are down 9.5% this year, Bloomberg News reports. Another of the fund’s share classes lost 6.4%, and is down 6.6% year-to-date.
BAM, whose assets under management have plummeted 70% over the past two years, said in March it would merge with AM Investment Partners. AM’s convertible bond fund is doing better than its new partners, rising 0.5% last month and 2.6% on the year.
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.