Thursday, 18 September 2014
Last updated 5 hours ago
Nov 3 2011 | 8:45am ET
BNP Paribas' U.S. capital introductions chief sees a continuing change of the guard in the hedge fund industry this year.
Emma Sugarman told Bloomberg TV that "undoubtedly we are going to see more hedge fund closures this year." Sugarman specified that it might be well-established names at larger hedge funds leading that charge.
"I think we started to see it earlier in the year with big, blue-chip names—people like Stan Druckenmiller at Duquesne and Bruce Kovner stepping back from Caxton," she said. "It's not as much fun working in the hedge fund market anymore."
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.