Wednesday, 17 September 2014
Last updated 6 hours ago
Mar 10 2006 | 12:00am ET
The $400 million Austin (Texas) Police Retirement Fund has informed BlackRock that the fund will liquidate its $10 million hedge fund portfolio that focuses on energy companies.
Sampson Jordan, administrator, said the plan decided to put the money with Wellington Asset Management, which manages an all-cap energy fund for the plan.
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 London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...