Saturday, 20 September 2014
Last updated 12 hours ago
Mar 17 2014 | 3:48am ET
Alken Asset Management is set to soft-close its Absolute Return Europe Fund.
The €2 billion fund will soft-close on March 19, Citywire Global reports. Current shareholders will have their investments limited to €500,000 per account per day.
The fund, managed by Nicolas Walewski, has recently enjoyed significant inflows. Alken soft-closed Walewski’s European small-cap fund last year.
“The team at Alken are committed to sustainable and controllable growth of our funds,” Alisdair Bell, Alken’s sales director, told Citywire. “This is for the protection of our investors as well as the performance of our funds.”
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.