Wednesday, 27 August 2014
Last updated 5 hours ago
Jul 28 2008 | 11:39am ET
Marshall Wace has added a senior Morgan Stanley executive to launch a new financials hedge fund.
The US$15 billion London hedge fund shop has lured Amit Rajpal, Morgan Stanley’s head of Asia proprietary trading, with the promise of his own hedge fund seeded with US$200 million in firm capital, the Financial Times reports. Rajpal, who is and will remain based in Hong Kong, is a former banking analyst at the Wall Street giant.
“We see very big opportunities in financials,” Paul Marshall, co-founder, said. “I can’t tell you whether it is in three weeks, three months or a year, but it is not going to be in three years.”
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…