Saturday, 29 November 2014
Last updated 19 hours ago
Mar 14 2013 | 1:22pm ET
Magnetar Capital has raised $370 million for a mortgage hedge fund.
The Evanston, Ill.-based hedge fund disclosed the figure in a Securities and Exchange Commission filing last year. Magnetar launched the Mortgage Securities Fund last year; the vehicle invests in mortgage-backed bonds.
Magnetar, which manages about $9 billion, is one of the larger and more prominent investors in collateralized debt obligations. The firm has never been accused of wrongdoing, but banks involved in its CDOs have been fined hundreds of millions of dollars.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...