Friday, 19 September 2014
Last updated 14 min ago
Sep 13 2011 | 12:26pm ET
UBS Global Asset Management has hired a pair of alternative investment veterans to its global fixed-income team.
Former Polar Capital macro chief Paul Lambert will become head of currency and lead portfolio manager of its Currency Alpha Fund at the end of October, and Union Bancaire Privée absolute return manager Kevin Zhao a senior portfolio manager.
Lambert left Polar after his US$48 million Discovery fund was shut down. He formerly worked at Deutsche Asset Management. In addition to Currency Alpha, Lambert will have a hand managing UBS' other currency strategies.
Zhao worked at Goldman Sachs Asset Management before joining UBP.
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.