Thursday, 18 September 2014
Last updated 29 min ago
Mar 17 2011 | 12:33pm ET
Is Denmark finally buying a ticket for the UCITS III bandwagon?
The country appears poised to get its first domestically-domiciled UCITS-compliant hedge fund sometime in the second quarter, likely its first, HFMWeek reports. The new fund is one of two planned by Danske Invest; the second will be domiciled in Luxembourg with thousands of other UCITS products.
The Danish-domiciled fund with be a foreign exchange strategy. The Luxembourg fund will be an equity long/short vehicle based on an existing Danske hedge fund and is expected to debut next month.
Danske has not yet begun fundraising for the vehicles, but plans to target Nordic and European high-net worth and institutional investors.
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.