Monday, 22 September 2014
Last updated 3 hours ago
Apr 19 2013 | 1:23pm ET
Brevan Howard Asset Management's Alan Howard remains the wealthiest hedge fund manager in Britain, with a fortune of £1.5 billion.
Howard has added £100 million to his fortune since the last publication of The Sunday Times' biannual Rich List. The newspaper will formally publish the current ranking, headed, as usual, by Queen Elizabeth II, this weekend.
Pamploma Capital's Alexander Knaster was second on the list, with a fortune of £1.1 billion, up almost a quarter from six months ago. BlueCrest Capital Management's Michael Platt jumped from fifth place to third with £950 million, up almost 50% from the last list, and CQS' Michael Hintze leapt from sixth to fourth with £900 million, up 55% from the previous ranking. Winton Capital Management's David Harding, third on the last list, fell to fifth, as his fortune dropped £100 million to £700 million.
Newcomers to the top 20 include Michael Cohen, who left Och-Ziff Capital Management last month, Lansdowne Partners' Paul Ruddock, Winton's Osman Murgian and Cantab Capital Partners' Ewan Kirk.
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.