Wednesday, 17 September 2014
Last updated 9 hours ago
Sep 8 2006 | 12:00am ET
The world’s largest hedge fund manager, Man Group, has announced that finance director Peter Clarke will replace Stanley Fink as CEO next year. Fink, who plans to spend more time pursuing his work at charitable organizations, will become non-executive deputy chairman.
Clarke has worked at Man for the past 13 years, and has been finance director for the last six.
Fink took over as CEO in 2000. Under his leadership, the London-based firm saw its AUM grow to $54 billion from $4.7 billion.
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.