Saturday, 20 September 2014
Last updated 20 hours ago
Feb 8 2011 | 12:06pm ET
Hedge fund administrator Viteos Fund Services more than doubled its assets under administration last year, it said.
The firm added $4.8 billion in AUA in 2010, a 117% increase from 2009. Viteos credited its recruitment of several formerly self-administering hedge funds for much of the growth.
"The increase in AUA, validates our business model," Francis Rainsford, executive vice president, said. "Clients are attracted to VITEOS because of the breadth and depth of our offerings, which go beyond what has been traditionally considered fund administration."
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.