Ironically, the bank suffered huge losses in an internal fund set up to hedge its own capital against potential risks. By Zachary Karabell.
After thumbing through the latest quarterly filings from the world's 50 biggest hedge funds, Factset has published its Q1 Hedge Fund Ownership Report. "The 50 largest hedge funds increased their equity exposure by over 5% in Q1 2013... Read Post
One contributing factor to the JP Morgan $2 billion loss was the fact that their positions were essentially revealed by the media when stories about the "London Whale" with his huge CDS position were published. Since then, traders h... Read Post
Ever since word got out that hedge fund BlueMountain Capital Management was helping JP Morgan exit its ugly $6 billion trading loss last year everyone has been wondering exactly what the firm does. Well Bloomberg Markets Magazine ha... Read Post