Tuesday, 16 September 2014
Last updated 16 min ago
Sep 10 2010 | 12:07pm ET
BlueCrest Capital Management is celebrating its 10th birthday as the fastest-growing hedge fund in Europe, and its employees are celebrating with some pretty substantial party favors.
Total wages and salaries at the firm soared 39% over the past year to £36 million, despite being split among 10 fewer employees. On average, the London-based firm’s 250 employees were paid £144,000 each in the year-ended June 30, up from £104,000 in the previous fiscal year.
BlueCrest, which manages US$22.2 billion, grew by 65% over the past 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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?