Thursday, 18 September 2014
Last updated 13 hours ago
Oct 25 2012 | 12:01pm ET
Hedge fund EQI Asset Management is leaping into the securities lending business with a new hire.
The three-year-old firm has added Ben Sofoluwe to develop the new business line. Sofoluwe is the former European head of client financing at Deutsche Bank, which he left earlier this year. He started at London-based EQI on Monday.
"Sofoluwe will further establish and develop EQI's securities lending business as we continue to increase assets under management, having had three successful years," EQI trading chief Steve Smith told Financial News.
EQI has some $250 million in assets and is led by Merrill Lynch and Goldman Sachs veteran Salim Mohamed.
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.