Wednesday, 26 November 2014
Last updated 11 hours ago
Nov 25 2014 | 7:12am ET
The FBI files spell it out: An analyst at Citadel, the hedge fund with $23 billion in capital invested globally, told agents he made millions of dollars trading on information from a company insider.
It was December 2011, and the Justice Department was deep into a seven-year investigation into illegal stock tips. As authorities homed in on people at several other hedge funds over leaks from a Dell Inc. employee, agents at the Federal Bureau of Investigation began questioning the Citadel analyst about the friendship he formed with the same Dell insider.
Nov 25 2014 | 5:38pm ET
Aviva Plc, Britain’s second-biggest insurer, said its investment arm plans to exit hedge-fund businesses as it scales back in the U.S.
Nov 25 2014 | 1:26pm ET
Up or down, great year or bad, Appaloosa Management’s return of capital to investors is becoming an annual event.
Nov 25 2014 | 1:25pm ET
A former Goldman Sachs trader has bucked his oil-trading peers with some impressive returns this year.
Nov 25 2014 | 1:24pm ET
The last few years have been tough on market bears, and short-bias hedge funds have been among the worst performers during a rally that’s now strongly into its sixth year. But one noted pessimist has taken it all in stride, it turns out.
Nov 25 2014 | 1:23pm ET
It may not look promising, but the union of Glencore and Rio Tinto Group is all but certain, a group of hedge funds has been told.
Nov 25 2014 | 1:22pm ET
BlueBay Asset Management has snatched Man Group’s technology chief to lead its own such effort.More News
Nov 24 2014 | 12:41pm ET
Neil Azous is the founder and managing member of Rareview Macro, an advisory firm to some of the world’s most influential investors and the publisher of the daily newsletter Sight Beyond Sight. Azous recently sat down with FINalternatives to speak about his latest views on global macro investing.
Nov 14 2014 | 6:03am ET
Peer-to-peer lending was invented with the individual investor in mind. But despite its retail appeal, institutional investors and hedge funds are taking notice. So why is the big money interested in P2P lending? Bo Brustkern explains.
Nov 25 2014 | 5:52pm ET
Steve Schwarzman had a granddaughter yesterday morning. Last night he sat one table away from new grandmother Hillary Clinton. On the joys of grandparenting, they can agree.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...