Thursday, 18 September 2014
Last updated 17 hours ago
Feb 28 2011 | 9:23am ET
With a little luck, next year's Academy Awards will be dominated by movies featuring hedge funds in starring roles.
With "Arbitrage"—featuring Richard Gere as a hedge fund manager under seige—set to begin filming in April, the stars are lining up for Hollywood's next take on the alternative investments industry. Director David Cronenberg has inked Robert Pattinson, teenage heartthrob and star of the "Twilight" movies, to play a young hedge fund manager who, during a Homerian journey across Manhattan to get a haircut, loses everything in "Cosmopolis."
The film, based on a 2003 Don DeLillo novel of the same name, also features the actress Juliette Binoche as the wife of Pattinson's Eric Packer, as well as Paul Giamatti and Mathieu Amalric. Binoche's role had previously been rumored to be filled by the English actress Keira Knightly.
"Cosmopolis" will follow Pattinson-as-Packer through a 24-hour limousine ride across Manhattan. During the journey, interrupted by a Presidential motorcade, a funeral for a rap music star and a riot, Pattinson's life and career unravel in the plush ride—featuring, in true Roman splendor, a Carrara marble-lined floor—as he loses everything on a currency bet, and does so with a nihilistic relish.
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.