Tuesday, 23 September 2014
Last updated 8 hours ago
May 8 2012 | 10:06am ET
Nascent hedge fund C8 Investments, founded by two former BlueCrest Capital Management principals, has hired a Bank of America Merrill Lynch executive to head its distribution effort.
Mike Ward will join the quantitative hedge fund shop after leaving BofA at the end of this month. He is charged with leading C8's sales and marketing, Financial News reports.
Former BlueCrest principals Mattias Eriksson and Patrick Finn founded C8 last year, alongside hedge fund veteran Justin Freeman and Swedish commercial real-estate executive Anton Varnäs. Eriksson and Finn worked for BlueCrest's flagship managed futures fund, BlueTrend.
C8 has yet to launch its maiden systematic multi-strategy fund, although it is expected to debut within the coming months.
At BofA, Ward is head of equity sales for Europe, the Middle East and Africa. He resigned this week.
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.