Tuesday, 23 September 2014
Last updated 26 min ago
Nov 1 2010 | 11:28am ET
Jupiter Asset Management has handed over its Financial Opportunities fund to hedge fund manager Guy de Blonay, who joined the firm last year.
De Blonay has served as co-manager of the fund alongside Philip Gibbs since joining Jupiter from New Star Asset Management. Now, Gibbs will step into a supporting role at the £1 billion fund, continuing to handle its financials portfolio.
It is the second fund at Jupiter that de Blonay has taken over from Gibbs, who manages six other funds. Earlier this year, he became lead manager of the US$100 million Jupiter Hyde Park Hedge Fund, which Gibbs set up a decade ago.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.