Wednesday, 17 September 2014
Last updated 3 hours ago
Jul 25 2011 | 2:04pm ET
Western hedge funds aren't the only ones racing to set up shop in Hong Kong.
China's own Springs Capital is poised to open trading desks in the special administrative region and hopes to hire two analysts to cover Hong Kong-listed Chinese companies, Reuters reports. The move comes as Beijing-based Springs, which has about US$700 million in assets under management, hopes to attract more offshore investors, managing director Jenny Tian said.
Tian said that Springs' US$69 million China-focused offshore long/short fund has grown by 15% this year and that the firm hopes to increase its assets to US$100 million over the next year.
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…
The London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...