Tuesday, 23 September 2014
Last updated 11 hours ago
Apr 11 2012 | 10:24am ET
Newly-launched Asia hedge fund Factorial Management is boosting its executive ranks.
The Hong Kong-based firm named Adam Wallace as its chief operating officer.
Factorial launched its first hedge fund earlier this year with $25 million. The firm was founded by a DKR Oasis Management, former bookrunner Barun Agarwal, who confirmed Wallace's hire, Asian Investor reports.
Wallace joins Factorial from JPMorgan Chase, where he led Asia-Pacific hedge fund services. Matthew Goldblatt, Asia-Pacific regional product manager for private equity and real-estate services, will handle Wallace's old duties until the bank can hire a permanent replacement.
Prior to JPMorgan, Wallace worked at Citigroup and Fortis Prime Fund Solutions.
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.