Friday, 19 September 2014
Last updated 10 hours ago
Oct 24 2012 | 4:40am ET
D.E. Shaw Group is on the verge of capping off a very successful year.
The firm's flagship Oculus fund is up 13.4% through September, Dow Jones Newswires reports. The $9.5 billion fund is in position to continue its eight-year streak of no losing years.
The New York-based firm's global macro fund, Heliant, is doing even better, up 16.8% through three quarters. If the $1.7 billion fund can hold those gains, 2012 will be Heliant's best-ever year; the fund rose 9.2% last year and 3% in its first, 2010.
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.