Tuesday, 16 September 2014
Last updated 46 min ago
Apr 21 2014 | 3:29pm ET
Three top money managers have left struggling hedge fund Sasco Energy Partners.
Joe Howley, who joined the Connecticut-based fund a year ago as chief investment officer, stepped down earlier this month. Also leaving were natural-gas portfolio managers Garth Camp and Brian Lisoski, Reuters reports.
The exits this month followed those last year of founding member Todd Esse and three others.
Sasco lost 20% last year and has seen its assets fall by more than half to US$300 million from its high of US$620 million.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?