Thursday, 23 October 2014
Last updated 17 min ago
Oct 23 2014 | 10:14am ET
Ray Dalio's Bridgewater Associates is suing the founders of Convoy Investments, claiming they lied about their roles at Bridgewater to promote their own fund.
In a 19-page complaint filed in Manhattan federal court on Tuesday, Bridgewater said Howard Wang and Wenquan 'Robert' Wu presented themselves as “former key figures responsible for core aspects of Bridgewater's business” when, in fact, “they were nothing of the sort.”
Oct 23 2014 | 1:33pm ET
Bruce Emery is suing Masroor Siddiqui for trying to force him out of Naya Capital, the hedge fund the two founded in 2012.
Oct 23 2014 | 12:06pm ET
Dallas, Tex.-based Satori Capital has raised $190 million for a fund that will invest in alternative investment funds.
Oct 23 2014 | 11:49am ET
Activist investor Daniel Loeb has sold his 7% stake in the Japanese electronics giant Sony.
Oct 23 2014 | 11:22am ET
Daniel Barach, who shuttered his MLT Capital hedge fund in 2008, is launching a new one.
Oct 23 2014 | 10:53am ET
Maverick Capital is branching out: the hedge fund firm is planning a venture capital fund.
Oct 23 2014 | 6:10am ET
Investor redemptions have cost Eclectica Asset Management more than half of its assets this year.More News
Oct 21 2014 | 12:41pm ET
In the second half of our interview with Nouriel Roubini, FINalternatives editor-in-chief Deirdre Brennan speaks with the renowned economist about IMF policies, the risk posed by shadow banking systems, and the possibility of a hard landing in China.
Oct 22 2014 | 12:28pm ET
From a regulatory standpoint, nearly every development since the crisis has placed more demands on internal compliance departments and a firms’ data management capabilities. Compliance departments have seen headcounts beefed up, but without the support of timely, accurate data, their job is impossible. Alan McKenna explains.
Oct 22 2014 | 10:29am ET
A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for a lakefront home in Kenilworth, Illinois.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...