Tuesday, 23 September 2014
Last updated 7 hours ago
Jul 21 2006 | 5:34pm ET
Global fund-of-hedge funds manager Financial Risk Management has hired Andy Brindle to join the New York office as chief executive officer of FRM's U.S. affiliate, FRM Americas. Additionally, Carrie McCabe, who previously served as ceo of FRM Americas, has been appointed to the newly-created position of president of FRM Americas. Most recently Bridle served as global head of JP Morgan's credit derivatives business in New York.
Brindle will report to Blaine Tomlinson, founder and group ceo. His responsibilities will include providing local management oversight for all FRM activities in the U.S. and directing the activities of the New York management team. He will also serve as a member of the Board of FRM Americas, the Global Advisory Committee, the Investment Committee and the Portfolio Management Committee.
FRM has approximately $12 billion in assets under management.
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.