Thursday, 18 September 2014
Last updated 31 min ago
Jul 26 2012 | 11:53am ET
Canyon Partners' July has been almost as good as its second quarter, pushing the firm into double-digits for the year.
The $19 billion Los Angeles-based firm's Value Realization Fund has returned 1% this month, ValueWalk reports. That's almost as much as the 1.2% Canyon managed in the second quarter, and it leaves the fund up 10.4% on the year.
Canyon has boosted the Value fund's exposure to high-return debt and retains a large investment in non-agency residential mortgage-backed securities.
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.