Monday, 24 November 2014
Last updated 2 hours ago
Nov 24 2014 | 1:07pm ET
It seems Dow Chemical just needed a little bit of extra prodding from Third Point.
Just a week after the activist hedge fund launched a new website, excoriating Dow for what it called a series of “broken promises,” the company bowed to Third Point’s demand to add a pair of directors of its choosing.
Nov 24 2014 | 2:35pm ET
The Greenwich Global Hedge Fund Index was down 0.50% as of mid-October and is now up 2.9% year to date.
Nov 24 2014 | 1:37pm ET
GAM has recently appointed three senior quantitative professionals to the firm’s Alternative Investments Solutions team.
Nov 24 2014 | 1:01pm ET
Bain Capital’s fundraising for this year has reached 11 figures, with the closing of its fourth European private-equity fund.
Nov 24 2014 | 1:01pm ET
Following the failure of its joint bid for Allergan Inc. with Pershing Square Capital Management, Valeant Pharmaceuticals International has a few billion dollars lying around. The company said last week that it would hand some of that back to investors.
Nov 24 2014 | 12:59pm ET
Mathew Martoma, the former SAC Capital Advisors portfolio manager convicted in February of insider trading, has begun his nine-year prison term.
Nov 24 2014 | 10:47am ET
While many hedge funds suffered losses in October’s rough markets, one fund bucked the trend: Wainscott Capital Partners, a global long/short equity hedge fund that focuses primarily on biotech and healthcare investing, gained 1.65% for the month.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 12 2014 | 9:17am ET
Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby’s in New York last week.
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...