Thursday, 18 September 2014
Last updated 9 hours ago
Sep 27 2013 | 9:47am ET
California hedge fund Welton Investment Corp. is the latest firm to sign on to the industry's voluntary code of conduct.
Carmel-based Welton said yesterday that it had become a signatory member of the Hedge Fund Standards Board. More than 100 firms have adopted the code, set up by 14 top European hedge funds in 2008.
"We are enthusiastic supporters of the Hedge Fund Standards framework," Welton chief operating officer Guillaume Detrait said. "We have spent years attempting to identify and conform to the evolving best-practices within our industry—all thanks to the guidance and feedback of our investors, consultants, peers, surveys and publications. The HFSB's standards do an excellent job of capturing this institutional learning for all, which should benefit the industry and investors alike."
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.