Monday, 22 September 2014
Last updated 2 days ago
Jun 16 2006 | 9:56pm ET
The Norfolk (Va.) Employees Retirement System will discuss a potential investment in hedge funds and funds-of-hedge funds at its board meeting this month, however the discussion "doesn't look promising," according to a source close to the plan.
Kamal Khanna, cio of the $786 million plan, declined to comment, but in January he had said that the plan was beginning an education into alternatives. The plan's consultant is Summit Strategies Group.
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.