Saturday, 20 September 2014
Last updated 13 hours ago
Sep 14 2011 | 12:01pm ET
A new boutique brokerage founded by Citigroup veterans has hired a hedge fund marketer to help it boost its high-net worth business.
Timothy Bello has joined Dynasty Financial Partners, charged with attracting advisers to the wealthy from banks and other brokerages. Dynasty said it expects to have eight to 10 adviser teams by the end of the year.
Bello was most recently a marketer at fund of hedge funds SkyBridge Capital.
His move to Dynasty is "a reflection of the amount of interest we are getting from advisers and the number of advisers we expect to come on board this fall," co-founder Todd Thompson, formerly Citi's CFO, told Reuters.
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.