Sunday, 21 September 2014
Last updated 1 day ago
Jan 20 2011 | 2:58am ET
Mutual fund giant Franklin Resource’s top emerging markets manager may make the move into hedge funds.
Mark Mobius, who manages more than 35 Franklin Templeton mutual funds, including its $15.5 billion Asian Growth Fund, told Reuters that he is “considering” the launch of a hedge fund. Mobius did not offer further details.
Singapore-based Mobius is chairman of Franklin’s emerging markets group, which has more than $40 billion in assets under management.
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.