Sunday, 21 September 2014
Last updated 2 days ago
Aug 30 2010 | 1:01pm ET
The Man Group has been named the first hedge fund adviser to a Korean bank.
The Korean Teachers’ Credit Union picked the London-based alternative investments giant to help it expand its hedge fund allocation, Asian Investor reports. The bank will use Man’s advice as it sifts through potential hedge fund and fund of hedge funds investments.
The KTCU hopes to boost its performance, diversify and better manage risk through the alternatives allocation, and had sounded out several global hedge fund managers as possible advisers.
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.