Saturday, 20 September 2014
Last updated 1 day ago
Jul 15 2008 | 11:58am ET
Stamford, Conn.-based Structured Portfolio Management has hired Ward McGraw as controller and CFO.
McGraw most recently spent 11 years at SS&C Technologies, where he was senior vice president in charge of the company’s alterative investments business unit. While there, he spearheaded the firm’s entrance into the hedge fund administration business.
“Ward’s extensive knowledge of the special attributes of mortgage backed securities is an invaluable asset for us during these volatile times,” said Don Brownstein, SPM’s CEO. “We dedicate significant resources to managing our exposure to liquidity and, therefore, leverage. Ward’s addition will further enhance our capabilities. Given current market conditions, it’s imperative that we continue to manage our positions, hedges and risk as effectively as possible.”
SPM was founded in 1997 and focuses on mortgage-backed securities strategies.
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.