Sunday, 21 September 2014
Last updated 2 days ago
Dec 12 2013 | 10:55am ET
Brevan Howard Asset Management has added a top bank currency executive just months after parting ways with its top foreign exchange manager and closing his hedge fund.
Vincent Craignou has been named a senior trader at Brevan. While the firm no longer has a dedicated currency fund—and does not plan to launch a new one, according to The Wall Street Journal—its flagship Master Fund, a macro strategy, does a great deal of currency trading.
Craignou joins Brevan from HSBC, where he spent 10 years in its foreign-exchange business. He formerly worked at ING Bank and Credit Suisse.
Brevan in June split with top currency manager Luke Ding during the firm's biannual review. Ding's fund struggled during its four-year lifespan.
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.