Tuesday, 2 September 2014
Last updated 2 hours ago
Nov 4 2009 | 2:53am ET
Defeated and decapitated in Asia, activist hedge fund The Children’s Investment Fund is getting out of the region.
TCI has sold off most of its investments in Asia and is trying to drum up interest from other hedge funds in taking over what’s left of its portfolios there, Reuters reports.
The hedge fund shut its Hong Kong office in October, after losing its battle with Japan’s Electric Power Development Co., or J-Power. TCI sold of its stake in the company, Japan’s largest electric utility, that month, losing $130 million on its investments.
In April, John Ho, TCI’s top executive in Asia, resigned, one of three senior departures from the hedge fund 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…
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 ...