Sunday, 21 September 2014
Last updated 1 day ago
Sep 17 2010 | 1:14am ET
Sofaer Capital, which has reduced its London presence to bare bones, is losing its British-based CEO.
David Helm plans to leave the Hong Kong-based and focused firm at the end of the month. Despite the firm’s sale of its European business to Martin Currie earlier this year, leaving only a small research team in the U.K., Helm had planned to remain with the firm, dividing his time between London and Hong Kong. But he now says he is not cut out for such a “nomadic existence.”
“I have realized that this will prove impractical and I am not in a position to relocate my family to Asia,” he wrote to Financial News.
Helm joined Sofaer two years ago from Odey Asset Management. He said he is “currently considering various options by invariably staying in the hedge fund environment.”
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.