Tuesday, 23 September 2014
Last updated 12 min ago
Mar 13 2013 | 11:31am ET
Brevan Howard Asset Management is giving US$30 million to founder Alan Howard's alma mater.
The donation from London-based hedge fund, which manages US$39 billion, will be used to set up a finance research center at Imperial College's business school. Howard studied chemical engineering at Imperial, one of the best universities in the U.K.
It is unclear precisely what the Brevan Howard Center for Finance will focus on, but the aftermath of the financial crisis is likely to be a part of it. "I think the crisis has generated a different set of questions than have traditionally been taught in business school," Howard explained.
The new center will be staffed by a director and two other professors, as well as junior academics, and will serve as many as 16 doctoral students.
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.