Monday, 22 September 2014
Last updated 2 days ago
Nov 13 2008 | 12:24pm ET
Amiri Capital will launch a sharia hedge fund next year to tap into the increasing number of investors looking for for alternative Islamic investments.
Amiri, backed by activist investor Olivant, plans to bring its sharia hedge fund to the market in early 2009, after the collapse Lehman Brothers, which had been lined up to act as prime broker, forced it to delay the launch, The Guardian reports.
“There is a growing number of investors who needs that asset class, alternative investments,” said Amiri director Iqbal Asaria, in an interview. “They find themselves at a competitive disadvantage.”
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.