Tuesday, 23 September 2014
Last updated 38 min ago
Feb 19 2013 | 9:29am ET
CQS has launched a new long-only fund for institutional investors.
The $12 billion London-based hedge fund said its Credit Multi-Asset Fund would invest across the credit spectrum, with convertible bonds, high-yield debt and asset-backed securities all included in the portfolio.
The fund hopes to return between 4% and 5% over LIBOR over the course of its investment cycle. It will initially focus on European opportunities, the firm said.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.