Sunday, 21 September 2014
Last updated 2 days ago
Nov 30 2010 | 12:02pm ET
Skandia Investment Group has poured £19 million from three of its funds of hedge funds into Liontrust Asset Management's UCITS III-compliant credit opportunities fund.
The investment comes from Skandia's Diversified, Bond Income and Alternative Investments funds. Skandia fixed-interest research chief Adam Smears credited the Liontrust team's "proven track record" in generating returns in many market environments for the allocation.
The Liontrust Credit Absolute Return fund employs the same strategy and investment process as Liontrust's Credit Hedge Fund, but with less risk. It is a liquid long/short credit vehicle focused on European opportunities, and is managed by Simon Thorp and James Sclater.
The Luxembourg-domiciled fund was launched in March.
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.