Thursday, 18 September 2014
Last updated 21 min ago
May 30 2007 | 11:03am ET
Deutsche Asset Management has added Randy Brown and Robet Goodman as co-heads of global insurance asset management (GIAM), responsible for the group’s global investment platform.
Brown, who will be based in New York, will join DeAM on Aug. 15. Currently, he is co-head of portfolio management in the financial institutions group at BlackRock, where he was responsible for investing for insurance companies. Zurich-based Goodman is currently DeAM's global head of insurance relationships.
“We are extremely pleased to add a world-class talent like Randy to our team,” Kevin Parker, global head of DeAM, said. “Our deep specialization in the insurance sector, combined with our full range of traditional and alternative investment capabilities, puts us in a strong position to service the growing demand by insurers for asset management outsourcing solutions.”
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.