Sunday, 21 September 2014
Last updated 1 day ago
Apr 14 2011 | 1:27am ET
Russell Investments has hired two to boost its alternative investments business.
Lance Babbit was named a senior portfolio manager for hedge funds, while Brian Burke was appoint a risk management officer. Both will focus on Russell’s funds of hedge funds; Babbit overseeing commingled and custom fund of funds portfolios and Burke analyzing risk in both external and internal portfolios, Pensions & Investments reports.
Babbit joins from Credit Suisse Group, where he led its alpha strategies group for the Americas. Burke was head of the analyst team at Measurisk, acquired last year by MSCI.
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.