Tuesday, 23 September 2014
Last updated 9 hours ago
Sep 16 2011 | 4:56am ET
The hedge fund founded by Deutsche Bank's former top proprietary emerging-markets debt trader will debut next month with a couple of hundred million dollars in initial assets.
Avantium Investment Management will launch its maiden EM Macro Master Fund on Oct. 3, HFMWeek reports. The well-awaited new fund will begin life with more than US$200 million in assets.
London-based Avantium was founded in the spring by Kay Haigh and seven members of his team at Deutsche Bank. The firm has spent the intervening months building an institutional infrastructure to attract investors.
"If you invest in people, structure and strategy, you create something that people want to be a part of," Haigh told HFM.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.