Monday, 22 September 2014
Last updated 7 min ago
Mar 7 2013 | 12:22am ET
Hyundai's financial services arm is set to seed a new Asia-focused hedge fund, its first-ever such venture outside of South Korea.
Hyundai Securities will provide the bulk of AQG Capital Management's initial capital, expected to be US$100 million, the Economic Times reports. AQG will be led by ABN Amro and K3 Capital Management veteran Kim Hong-shik, and will also feature Minsoo Seo, formerly of South Korea's sovereign wealth fund.
Singapore-based AQG will employ a quantitative market-neutral strategy, focused on Asian stocks.
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.