Saturday, 20 September 2014
Last updated 19 hours ago
May 21 2012 | 1:39pm ET
Moore Capital Management has added a former top Morgan Stanley executive as a portfolio manager in its London office.
Patrick Lynch covers credit at the US$15 billion New York-based firm, the latest prominent fixed-income trader to leave banking for a hedge fund. Lynch started at Moore this week, Bloomberg News reports.
Lynch was former head of European credit sales and trading and head of Asia corporate credit at Morgan Stanley. He left the bank in January.
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.