Tuesday, 23 September 2014
Last updated 3 hours ago
Oct 24 2011 | 9:40am ET
Fortress Investment Group has hired former Artradis Fund Management portfolio manager David Dredge as co-chief investment officer at its convexity strategies group, reports Reuters.
Singapore-based Artradis, which managed $4.9 billion at its peak, closed in 2011.
Dredge had joined Artradis in March 2009, coming to the volatility specialist from the Royal Bank of Scotland Group, where he’d served as deputy global head of local markets.
Fortress, which is planning to launch a second hedge fund in Asia next year, opened a Singapore office last year.
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.