Friday, 19 September 2014
Last updated 2 hours ago
Jan 13 2011 | 1:19pm ET
Stanley Fink has raided his old firm for a pair of top executives at his new one.
The newly-ennobled Fink’s International Standard Asset Management hired Alexander Lowe as director of business development and Riva Waller as chief operating officer, the Financial Times reports. Both join from Man Group, where Fink was CEO before retiring and founding ISAM.
The hires come as London-based ISAM has more than doubled its assets under management to US$500 million. Its quantitative flagship Systematic hedge fund returned 17.5% last year, well ahead of its peers.
Lowe had been CEO of Man’s US$19 billion fund of hedge funds business, Man Global Strategies. Waller was head of managers at the world’s largest hedge fund.
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.