Monday, 22 September 2014
Last updated 1 hour ago
Aug 10 2011 | 5:15am ET
Brevan Howard Asset Management was among the few winners during last week’s market rout.
The $25 billion firm’s flagship macro hedge fund added 2% to its year-to-date returns last week, the worst for the Standard & Poor’s 500 Index since the financial crisis and one in which the Euro Stoxx 50 Index fell 11%.
The Brevan Howard fund is up 7% on the year through Aug. 5, Bloomberg News reports.
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.