Sunday, 21 September 2014
Last updated 2 days ago
Sep 13 2013 | 10:17am ET
Hedge fund Mastic Investment Advisory has named a veteran bank trader as its CEO.
James O'Brien was also appointed chief risk officer at the Zug, Switzerland-based oil specialist, Bloomberg News reports.
O'Brien worked with Mastic chief investment officer Kieran McKenna at Goldman Sachs. He's also worked at Cargill, Citadel Investment Group, Credit Suisse, Deutsche Bank, Fortis Bank, JPMorgan Chase and Lehman Brothers.
Mastic's flagship hedge fund is down 3.5% this year. It returned 21% last year.
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.