Friday, 19 September 2014
Last updated 5 hours ago
Jan 21 2009 | 2:53am ET
Scottish money manager SVM Asset Management is aiming to capitalize on the success of its long/short Saltaire Fund, which posted a double-digit return last year.
Edinburgh-based SVM is seeking regulatory approval for its U.K. Absolute Alpha Fund. If approved by the Financial Services Authority, the new fund will be managed by Colin McLean, who also runs Saltaire. The existing fund returned 19.7% last year.
Absolute Alpha will be a UCITS III-compliant offering. Hector Kilpatrick will serve as its deputy fund manager.
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.