Wednesday, 27 August 2014
Last updated 59 min ago
Jul 12 2013 | 3:05am ET
David Riley, who as head of sovereigns at Fitch Ratings stripped the U.K. of its triple-A credit rating, is joining one of the country's largest hedge funds.
Riley was named head of credit strategy at BlueBay, which manages US$55.7 billion. He will formally join the firm in September; he left Fitch earlier this month.
"We believe market developments since 2008 demonstrate that the pricing of sovereign and corporate risk is becoming increasingly interdependent," new boss Mark Pool, BlueBay's chief investment officer, said. "Sovereign credit risk can determine where corporates are able to issue, and equally no sovereign can escape the implications of fundamental weakness in its domestic banking sector. David's experience at Fitch has left him very well-positioned to provide a unique perspective on this interconnection, and I look forward to working with him."
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...