Tuesday, 23 September 2014
Last updated 9 hours ago
Aug 26 2013 | 10:30am ET
An English county pension fund has hired Brevan Howard Asset Management.
Brevan Howard was selected from 30 applicants for the mandate from the Shropshire County Pension Fund. The £1.25 billion pension had sought one or more managers to handle a hedge fund allocation with client-specific performance objectives.
Brevan received the allocation on Aug. 1.
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.