Tuesday, 23 September 2014
Last updated 6 hours ago
Mar 5 2009 | 10:37am ET
Prime brokerage NorthPoint Trading Partners has announced a new offering for separately managed accounts managers. The firm’s clients now have the ability to manage assets via separately managed accounts in addition to private investment partnerships and mutual funds.
"NorthPoint Trading is dedicated to serving professional investment managers regardless of the structure with which they choose to run their business," says Douglas Nelson, chief executive officer. "While we have always offered SMA managers all the tools necessary to run their business, our new suite of products takes our offering to a whole new level."
NorthPoint Trading is an institutional brokerage and fund services company. The firm has clearing relationships with Goldman Sachs Execution and Clearing, J.P. Morgan Clearing Corp., and Jefferies & Co.
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.