Wednesday, 24 September 2014
Last updated 13 hours ago
Jan 18 2011 | 2:15pm ET
Hong Kong hedge fund Central Asset Investments is making the move to the mainland.
The firm plans to open an office in the Chinese city of Shenzhen, Asian Investor reports. The new base will be staffed by new hire Bill Tsai and three young analysts.
Tsai joined CAI from Chinese real-estate firm Longridge Capital and formerly worked at Hypo Vereinsbank and Deutsche Bank. In Shenzhen, he'll be joined by analysts Alex He, Ferry Feng and Franky Xie.
CAI picked Shenzhen, a city of 9 million people that borders the Hong Kong Special Administrative Region, due to its proximity to the firm's headquarters and the lare number of Shenzhen-based companies listed in Hong Kong.
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.