Sunday, 21 September 2014
Last updated 1 day ago
Aug 12 2011 | 11:06am ET
Concept Capital Markets has launched a new managed accounts platform.
The boutique New York-based prime broker has created a registered investment advisor that will allow its clients to offer their clients managed accounts. Concept's hedge funds will be able to move all of their money to the new platform or can offer managed accounts to existing or potential investors on an individual basis, HFMWeek reports.
"Growing assets under management in a hedge fund world can be difficult at times and an alternative to starting a hedge fund would be to run money as a single managed-account business," Concept's Robert Moore said.
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.