Thursday, 28 August 2014
Last updated 5 hours ago
Apr 16 2012 | 12:48pm ET
SAC Capital Advisors is losing its Asia-Pacific chief after a year of major growth in the region.
Jay Luo has resigned as head of the hedge fund's operations in the region. While Luo did not manage any money, he did oversee the hedge fund's business in the region. That business took several steps forward last year, with the hiring of four portfolio managers, office growth in Hong Kong and plans to open a new office in Tokyo, its fourth in Asia.
Luo led SAC's Asia office for six years. He formerly was a member of the firm's risk-management operation in Stamford, Conn., and all told spent a decade at the firm.
Luo's immediate plans are unclear, although he is said to have left SAC to pursue other opportunities.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...