Thursday, 18 September 2014
Last updated 7 hours ago
May 11 2007 | 11:28am ET
Everest Capital today opened a Shanghai research office to increase the Chinese presence of its Singapore-based pan-Asian research team. Director Xu Yun will head the new office, reporting to Shi Ming Lei, managing director of China Research, and Matthieu Vermersch, senior managing director for Asia, both based in Singapore.
Prior to joining Everest Capital, Xu served as a portfolio manager at China Securities Co. in Shanghai and previously worked as an auditor for Ernst & Young in China.
Marko Dimitrijević, Everest Capital founder and chief investment officer, said, “China is the most important story we may see in our lifetime. The challenge is to understand the macroeconomic scenario and find the companies best suited to gain from China’s broader growth.”
Everest Capital, with more than $2 billion AUM, is currently investing about half of its assets in Asia, where the firm manages three dedicated strategies: Everest Capital Asia, Everest Capital China Opportunity and Everest Capital Japan Opportunity. The strategies invest primarily in equities and opportunistically in debt, currencies and commodities, in long and short positions. The Asia and China strategies allocate between developed and emerging markets.
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.