Monday, 22 September 2014
Last updated 2 hours ago
Apr 25 2012 | 1:14pm ET
Lyxor Asset Management must be impressing the California State Teachers' Retirement System.
The $155.5 billion pension fund has already increased its allocation to Lyxor, which was hired late last year. The increase came in the last quarter, HFMWeek reports.
Lyxor was picked to develop CalSTRS' new global macro hedge fund strategy. It is unclear how much the firm is running for the pension.
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.