Tuesday, 23 September 2014
Last updated 13 hours ago
Nov 10 2010 | 1:05pm ET
Moore Capital Management is spinning off its European equities team into a new hedge fund helmed by Paul Findley.
Findley's firm may debut in the first quarter, Bloomberg News reports, backed by $250 million from New York-based Moore. The schedule may change as Findley seeks Financial Services Authority approval.
Findley joined Moore in 2008 from Threadneedle Asset Management.
The Findley spinout follows that of James Caird Asset Management from Moore in 2008.
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.