Tuesday, 23 September 2014
Last updated 4 hours ago
Nov 19 2007 | 1:08pm ET
Fauchier Partners has named two partners to succeed CEO Christopher Fawcett as co-chief investment officers. Clark Fenton and Dan Higgins will oversee the firm’s research and risk operations in their new posts. Fawcett remains both CEO and a member of the investment committee.
Fenton, who joined Fauchier in 2003 from Morgan Stanley, had been a senior analyst and head of risk. At Morgan, he was vice president of prime brokerage, based in New York.
Higgins, like Fenton a partner at Fauchier, joined the firm in 2002 from Merrill Lynch Investment Managers, where he ran U.K. institutional equity portfolios.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.