Friday, 19 September 2014
Last updated 8 hours ago
Jan 22 2008 | 3:54pm ET
F&C Alternative Investment has unveiled a European long/short fund, its third hedge fund offering in the past year. The new fund, F&C Zircon, is a systemic equity fund focusing on statistical arbitrage.
The vehicle is listed on the Irish Stock Exchange and is managed by Darren Jordan and Phil Robinson, who joined F&C from their own partnership, which ran a strategy similar to Zircon’s.
Zircon is offered in both euro and U.S. dollar share classes, with a minimum investment requirement of €500,000 (US$726,100). It is aimed at institutional investors and is domiciled in the Cayman Islands.
Within the past year, F&C AI, the single-strategy hedge fund division of F&C Asset Management, has also launched fixed-income and foreign exchange volatility, forward-rate bias trading hedge 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.