Thursday, 18 September 2014
Last updated 1 hour ago
May 8 2012 | 12:24pm ET
The Man Group has reshuffled the top leadership of its flagging flagship.
The giant listed hedge fund, whose shares are trading at a 10-year low, said that Douglas Greenig would take over as chief risk officer for the $21 billion AHL strategy. He succeeds Matthew Sargaison, who was named chief investment officer.
Greenig is a mathematician who formerly worked at RBS Greenwich Capital and Fortress Investment Group.
AHL is down 7% over the last 12 months and remains about 17% shy of its high-water mark.
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.