Monday, 22 September 2014
Last updated 2 days ago
Jun 22 2007 | 2:19pm ET
Municipal bond arbitrage shop 1861 Capital Management has hired Kurt van Kuller as its assistant portfolio manager. In his new role at the hedge fund, he reports to co-portfolio managers Jed McCarthy and Evan Lamp.
Previously, Van Kuller Kurt served as a managing director of the municipal bond credit research group at Merrill Lynch and Co.
“The hiring of Kurt allows us to expand into other sectors of the $2.4 trillion municipal bond market such as housing bonds, which offer more attractive yields at the AAA and AA rating levels for our investors,” said John Lee, a co-founder. “In fact, the state housing finance authorities are often more highly rated than the states themselves.”
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.