Brevan Howard, BlueCrest Face Interest-Rate Query

Sep 26 2013 | 10:51am ET

Brevan Howard Asset Management and BlueCrest Capital Management are among the hedge funds facing questions from British regulators about their exposure to interest-rate derivatives.

The Financial Conduct Authority last month sent a letter to a number of hedge funds in the wake of June's wild interest-rate moves, which rumors have attributed to a hedge fund sell-off. The hedge funds contacted are all major players in the interest-rate markets, the Financial Times reports.

The letters sought information about hedge funds' preparation for a sudden increase in rates. Some have expressed concern that the FCA is effectively asking hedge funds to disclose their positions.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?