Tuesday, 2 September 2014
Last updated 9 hours ago
May 1 2008 | 2:00am ET
The Goldman Sachs executive who led its troubled asset-management and hedge fund unit may join Merrill Lynch.
Peter Krauss, a 22-year Goldman veteran who left last month, is in talks with Merrill, which is now led by former Goldman executive John Thain, about a position overseeing strategy, Bloomberg News reports. Thain, who led the New York Stock Exchange in between his gigs at Goldman and Merrill, has been adding Goldman veterans to Merrill’s executive team since taking over last year.
Kraus served as co-head of Goldman Sachs Asset Management, whose hedge funds suffered big losses last year.
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 twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...