Saturday, 30 August 2014
Last updated 1 day ago
Apr 4 2011 | 1:45pm ET
Deutsche Bank's emerging markets debt trading chief has left the firm and will launch a hedge fund later this year.
Kay Haigh has incorporated Avantium Investment Management and is awaiting approval from the U.K. Financial Services Authority, Financial News reports. Avantium has been in the works for two years; Haigh planned to incubate the new firm within Deutsche Bank, but that firm no longer seeds hedge funds founded by former members of its proprietary trading team.
Avantium's maiden hedge fund, a global macro emerging markets fund, should debut in the fourth quarter.
Haigh took seven members of his team with him; Avantium is likely to hire four more people before its first fund launches. The London-based firm also plans a New York office.
Haigh had worked at Deutsche Bank since 1994.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...