Monday, 15 September 2014
Last updated 2 days ago
Sep 10 2009 | 10:51am ET
The salad days for hedge fund hiring are back, at least at Brevan Howard Asset Management.
The London hedge fund manager has picked up three partners from investment banking firms, according to regulatory filings. The new Brevanites are Fabrizzio Gallo, former head of proprietary trading at Morgan Stanley, Danny Bernheim, formerly of Merrill Lynch, and Richard Chau.
The three hires follow Brevan Howard’s most recent hiring coup, in which they nabbed Mark Hillery, a former top manager at Tudor Investment Corp.
Unlike many of its peers, $24 billion Brevan Howard actually made money last year. A lot of money: The firm’s flagship macro fund was up 20% last year, almost the mirror-image of the average hedge fund, and has returned 14% this 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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?