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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...