Friday, 19 September 2014
Last updated 2 hours ago
Oct 25 2013 | 10:35am ET
A handful of the traders ousted from Brevan Howard Asset Management this summer have landed at BlueCrest Capital Management.
The London-based firm has hired a former team of five from Brevan, led by Jason Feasey and Wayne Leslie, Bloomberg News reports. The group left Brevan in August, among the roughly one dozen traders to exit that hedge fund in the wake of losses suffered by its flagship.
Leslie started at BlueCrest on Oct. 18, according to the Financial Conduct Authority register. He worked at Brevan for less than a year after leaving Goldman Sachs, where he was a managing director in European investment-grade credit trading.
Feasey joined Brevan in 2011 from Bank of America.
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.