Sunday, 31 August 2014
Last updated 1 day ago
Dec 11 2006 | 10:31am ET
Yes, Goldman Sachs has hired a slew of Amaranth Advisers traders to help boost its waning hedge fund performance. No, none of them is named Brian Hunter.
In fact, none had anything to do with the disastrous natural gas trades made by Hunter that sent Amaranth into oblivion. Nor did any share Hunter’s Calgary, Alberta, office. Instead, in a year in which its flagship Global Alpha Fund has taken a nasty 12% tumble, Goldman Sachs Asset Management has scooped up Gregg Felton’s 17-member debt investment team to set up a credit trading group.
Fixed-income funds are a growing sector of the nearly $2 trillion hedge fund industry. GSAM plans to seed the New York- and Singapore-based trading team’s new fund with its own capital before opening it to outside investors next year.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...