Friday, 19 September 2014
Last updated 8 hours ago
Mar 11 2011 | 11:56am ET
Hedge fund administrator Citco Fund Services has opened its first office in mainland China.
The new Shanghai base already employs 80 staffers, thanks to Citco's strategic alliance with fellow administrator OpHedge Investment Services, which already has an office in the city. Citco has also placed Jeff Li, formerly OpHedge's top man in Shanghai, at the head of its own effort.
Citco, which has $650 billion in assets under administration, already has Asia-Pacific offices in Hong Kong, Singapore and Sydney, Australia.
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.