Tuesday, 23 September 2014
Last updated 12 hours ago
Aug 13 2012 | 12:36pm ET
Signet Capital Management may be looking for a merger partner after its Asian head left the firm earlier this summer.
Signet, a US$1.4 billion fund of hedge funds, has held talks about a tie-up with two firms since François Hora quit in June, Asian Investor reports. "We are currently in discussions with two other financial firms with regards to possible collaboration and both of these situations would result in Signet growing the Hong Kong office again by year-end."
Hora left Signet to join Complus Asset Management, the hedge fund founded by former Fortress Investment Group Asia chief Stanley Ku. At Complus, Hora will serve as head of business development.
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.