Saturday, 30 August 2014
Last updated 17 hours ago
Jan 3 2014 | 1:21pm ET
Moore Capital Management is taking advantage of SAC Capital Advisors' cutbacks as the latter transforms itself into a family office.
The New York-based hedge fund, which manages $12.1 billion, has offered jobs to several of SAC's London-based portfolio managers, CNBC reports. Moore expects some to join early this year.
Moore focused on SAC managers working on equity and macro strategies.
SAC closed its London office last year as it battled insider-trading charges. The firm later pleaded guilty to fraud and agreed to stop managing outside capital.
Moore had been in talks with about a dozen SAC employees in London, battling for their services with the likes of Balyasny Asset Management, BlueCrest Capital Management and Millennium Management.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...