Tuesday, 2 September 2014
Last updated 6 min ago
Jun 18 2012 | 12:02pm ET
Another bank proprietary trader is laying the ground work for a move into hedge funds.
Deepak Gulati, head of global equity prop. trading at JPMorgan Chase, met with potential investors last week in Rome at a Goldman Sachs conference, Bloomberg News reports. Details are scarce on Gulati’s plan, but it is likely that he would not actually launch the fund until next year.
Gulati, who moved to JPMorgan’s asset management business in 2010 as the bank moved to come into compliance with the Volcker rule barring banks from trading their own capital, works with about 20 traders. Some or all of that team would join him at his new hedge fund, according to Bloomberg.
Zürich, Switzerland-based Gulati joined JPMorgan nine years ago, from Dresdner Kleinwort.
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 ...