Friday, 19 September 2014
Last updated 13 hours ago
Feb 3 2012 | 12:27am ET
After losing more than 20% last year, Lansdowne Partners' flagship hedge fund needed a good start to 2012—and it got one.
The London-based firm's UK Fund rose 5.7% in January, well ahead of the less than 2% increase in the FTSE 100 index, Reuters reports. Lansdowne, one of Europe's biggest hedge fund managers, has about US$16 billion in assets.
The UK fund was burned last year by financial stocks. But fund managers Peter Davies and Stuart Roden have pledged to stick by the sector, predicting a bank stock rally this year.
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.