Tuesday, 30 September 2014
Last updated 3 hours ago
Apr 23 2008 | 2:00am ET
Bahrain-based Investcorp is prepping a new fund of hedge funds designed to profit from a turnaround in the credit markets.
The firm has already lined up some heavy hitters as underlying managers for the Credit Opportunities Fund, including Paulson & Co., the New York hedge fund that posted triple-digit returns last year betting against the subprime mortgage market, and MKP Capital Management.
The firm’s $8 billion hedge fund unit, which, like Paulson, profited handsomely from the credit crisis last year, will seed the new offering with an unspecified amount of money, the Telegraph newspaper reports.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...