Wednesday, 24 September 2014
Last updated 13 hours ago
Feb 17 2006 | 12:00am ET
Investment advisory firm Ivory Asset Management and alternatives manager FrontPoint Partners ended their collaboration this week. The firms had been working together since mid-2003.
“Both firms have agreed to a separation plan that will result in a smooth transition of services from FrontPoint to Ivory and the uninterrupted management of several absolute return strategies by Ivory,” Ivory told FINalternatives.
Monica Everett, spokeswoman for FrontPoint, said, “FrontPoint’s primary goals are protection of investor capital and providing investor choice. This transition accomplishes both.” Both firms declined to elaborate further.
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 McKitich, CIO of Petty 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…
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.